Relevant:
- Why ‘Full Employment' Doesn't Mean Everyone Has a Job
- Jim Grant On Inflation: "There Will Be A Lot Of It Suddenly" Because Our Interest Rate Structure Is "Beyond Strange"
- Fears of deflation rise as consumer prices drop 0.4 percent in December (A FAIT ACCOMPLI FOR THE FED??)
- Phillips Curve Doesn't Help Forecast Inflation, Fed Study Finds
- Stocks End Higher After Fed Keeps Interest Rates Unchanged
2009-11-05 — nytimes.com
"Policy makers did elaborate on the economic indicators they will be watching most closely. Those will be the level of “resource utilization,†which primarily means the unemployment rate, the trend in inflation, and the stability of inflation expectations."
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Comments:
mortgagemess at 05:47 2009-11-06 said:
Lol..Please the REAL reason the FED can't raise the rate is the millions of homes that are still sitting as ARMS that would flood the market. Of the millions of people who were suppose to be SAVED by the HAMP..only 1200 have been modified..the reality is that if the flood gates of foreclosures were open you can forget about a housing recovery for the next 50 years! Permalinktvsterling at 07:44 2009-11-06 said:
As I have pointed out before; the FED writes the ticket for America's banks. By keeping rates at near zero they force depositors to lend them their operating capitol for nearly free. Sweet business IF you happen to be a banker; Not so good if you are a depositor. If they think they are going to hold up the inflated housing market forever this way they are in for a big surprise. Permalinkadd a comment | go to forum thread
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