Relevant:
- Phillips Curve Doesn't Help Forecast Inflation, Fed Study Finds
- No Change in Rates, Substantial Inflation Risk
- Fed's next move could be to lower rates
- Stocks End Higher After Fed Keeps Interest Rates Unchanged
- Roubini on China’s Unsustainable, Unbalanced Growth Model; China Unexpectedly Hikes Interest Rates to Counter Inflation, Exorbitant Home Prices
2008-09-16 — ft.com
This is the right move, for what it's worth.
Some commentary from Edward Harrison (he called it right): US Inflation down setting up Fed cut.
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