Greg Ip Reads the Mind of the Fed

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He writes: WSJ.com - Fed Sees Bond Market Hampering Its Steps to Keep Inflation in Check: By GREG IP: WASHINGTON -- As the Federal Reserve prepares to raise short-term interest rates again next week, officials there increasingly believe the bond market, which sets long-term rates, is diluting their efforts to tighten credit and contain inflation. The result: The longer the bond market keeps long-term rates unusually low, the further the Fed is likely to raise the short-term rates.... This dynam ... (more)

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Last update: 08/04/2005

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Greg Ip Reads the Mind of the Fed

decoupled.net: - iPods, MP3s, podcasting - IT Training - Credit, finance, mortgages - Prescriptions, medical news - Home improvements