Relevant:
- Treasury Bear Market to Worsen Under Bernanke's Fed
- The Federal Reserve is about to take a big gamble by hiking rates
- Fed Losing Control: 100% Proof That A Massive Economic Meltdown Is Closer Than You Think
- I Saw the Crisis Coming. Why Didn’t the Fed?
- Greenspan says worst of the U.S. credit crisis may have passed
2013-10-01 — financialsense.com
``Indeed, the invisible ruler of the Federal Reserve is the market's future expectations of inflation. We saw this in 2004 when the 3-month Treasury yield began rising at the start of the year. Then Fed Chairman Greenspan was forced to follow suit a few months later by raising the Fed Funds Rate, a trend which continued for the next three years and which contributed to the credit crisis.''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
