FOMC minutes: Fed members saw no need at their March 15 meeting to ease bond buying before June. A few members said that economic conditions might warrant the beginning of the end later this year, and a few others said that Fed policy may be appropriate "beyond 2011." Economic growth appeared to be on "firmer footing."
More on FOMC minutes: "With longer-term inflation expectations remaining stable and measures of underlying inflation subdued, members anticipated that recent increases in the prices of energy and other commodities would result in only a transitory increase in headline inflation."
Bernanke and other inflation deniers receive a scolding from Bill Gross, who says it’s naïve to keep thinking that the threat will pass. The notion of "mean reversion" ignores the role of emerging economies: "Citizens are demanding more for their money and they’re reflecting that in the form of higher commodity prices. To expect that to revert over the next several years is a little Pollyannaish."
狗仔卡
发表于 2011-4-5 02:12 PM
发表于 2011-4-5 02:16 PM
