Market update
Inflation ripping: Oil up, grains and commodities up, and dollar down, as continued US demand at higher prices for energy transfers more $US to foreigners
April 10, 2008
Inflation ripping: Oil up, grains and commodities up, and dollar down, as continued US demand at higher prices for energy transfers more $US to foreigners
Cutting 75 basis points rather than the expected 100 basis points gave the Fed positive near term reinforcement from market participants: Dollar went up Food/fuel/commodities
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
Topic: Discussion of March 18th FOMC meeting Aired: Tuesday, March 18th, 2008 @ 11AM EST Note: The audio doesn’t work in the beginning – equipment
> >    On Wed, Mar 12, 2008 at 8:40 PM, Davidson, Paul wrote > >    Warren: > >    Don’t you think it was a strange
While Fisher is perhaps the most hawkish voting member and voted against Bernanke at the last meeting, continuously rising crude/food prices and a not so
From Philadelphia Fed President Plosser: To be more concrete, many versions of the simple rules that I refer to when gauging the current stance of
(an intersibling email) > > On 3/3/08, seth wrote: > who is buying 2 year notes at 1.63???? > seth > simple: high food and
Here’s how the inflation can persist indefinitely: In addition to the India/China type story for resource demand, this time around nominal demand for commodities is
(an interoffice email) Yes, and he reaffirmed that he’s using the futures prices to predict where prices are going. He pointed to crude being at