FOMC
Karim Basta: Further cut to gwth outlook Financial conditions tighter and housing getting worse Inflation receives greater concern than prior statement Conclusion: downside risks predominant
March 18, 2008
Karim Basta: Further cut to gwth outlook Financial conditions tighter and housing getting worse Inflation receives greater concern than prior statement Conclusion: downside risks predominant
Not a quick read, but telling – inflation risks seem to be overtaking concerns with the economy: Does Stabilizing Inflation Contribute to Stabilizing Economic Activity?
Trichet May Not Cut Rates in 2008, Say Merrill, ABN by Simon Kennedy (SNIP) (Bloomberg)Erik Nielsen, Goldman Sachs’s chief European economist, disagrees. He said the
From today’s speech: A central bank must always be concerned with inflation as well as growth. As I have emphasized in an earlier speech about
Prospects for the U.S. Economy in 2008 (intro remarks snipped) Today I’d like to talk about developments in the economy and in monetary policy, two
SF Fed president Yellen on inflation, from yesterday’s speech in Hawaii: Now let me turn to inflation. The recent news has been disappointing. Over the
From Karim: True to the past 5yrs pattern, claims seem to be reverting to trend after the first few weeks of January. Right, good call!
As of 1pm today – this is what the Fed is looking at for today’s meeting. Most say if you let expectations elevate it’s too
If the Fed doesn’t care about this they REALLY don’t care about inflation? 5Y5Y Break-even Inflation since 2006 ♥
The desire to accumulate $US financial assets has been diminished for at least the following reasons: Treasury policy – Paulson is actively pushing both a