Thursday, April 12, 2007

The FED's job is to worry about inflation

A lot of investors seemed shocked to learn that the FED is still very concerned about inflation. May I take this moment to remind you that one of the FED’s primary functions is to ensure price stability, so to put it another way the FED’s job is to worry about inflation? I would be much more concerned if the FED wasn’t focuses in on inflation.

Folks no reason to think otherwise : the FED will stay on hold for the remainder of this year

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