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Fed holds rates steady

...accentuates concerns about inflation. One down, two to go: ecb and bofe :)
BLOODBATH IN THE EVENING THEN? :shocked: OR PERHAPS THE AFTERNOON? OR THE MORNING? OH, FORGET THIS MALARKEY!

THE KILLERS :cool:

THE PUNISHER :dance: MATURE CHEDDAR ADDICT:cool:

Comments

  • free4440273
    free4440273 Posts: 38,438 Forumite
    Oil is gonna though the roof. Say hello to $160. Dollar getting hit hard. And me thinks Trichet will raise.
    BLOODBATH IN THE EVENING THEN? :shocked: OR PERHAPS THE AFTERNOON? OR THE MORNING? OH, FORGET THIS MALARKEY!

    THE KILLERS :cool:

    THE PUNISHER :dance: MATURE CHEDDAR ADDICT:cool:
  • free4440273
    free4440273 Posts: 38,438 Forumite
    man, i hate talking to myself :( :rotfl:
    BLOODBATH IN THE EVENING THEN? :shocked: OR PERHAPS THE AFTERNOON? OR THE MORNING? OH, FORGET THIS MALARKEY!

    THE KILLERS :cool:

    THE PUNISHER :dance: MATURE CHEDDAR ADDICT:cool:
  • Milarky
    Milarky Posts: 6,356 Forumite
    First Post First Anniversary Photogenic
    Is anyone convinced by the arguments I heard this morning on radio that rising commodity prices do not represent 'inflation' since they are taking place in isolation from general price rises (the operational definition of inflation)?

    And it that one doesn't stick there's always something called 'core' inflation - which seems to be almost defined as: "the index of the most price stable items". So if reality is catching up (i.e. the price rises 'leak' out and become generalised) you then claim that's 'unreliable' and drill down to the core to see what it says.

    (What next, looking at tea leaves?)
    .....under construction.... COVID is a [discontinued] scam
  • free4440273
    free4440273 Posts: 38,438 Forumite
    Benny tells Americans: don't be unduly concerned about price inflation :rotfl: What IS he on??
    BLOODBATH IN THE EVENING THEN? :shocked: OR PERHAPS THE AFTERNOON? OR THE MORNING? OH, FORGET THIS MALARKEY!

    THE KILLERS :cool:

    THE PUNISHER :dance: MATURE CHEDDAR ADDICT:cool:
  • tradetime
    tradetime Posts: 3,200 Forumite
    No surprises there, Trichet may well raise, but he's gonna cause major problems if he does.
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
  • ffacoffipawb
    ffacoffipawb Posts: 3,593 Forumite
    Name Dropper Second Anniversary Photogenic First Post
    Benny tells Americans: don't be unduly concerned about price inflation :rotfl: What IS he on??

    Miss Diane?
  • free4440273
    free4440273 Posts: 38,438 Forumite
    Oil is gonna though the roof. Say hello to $160. Dollar getting hit hard. And me thinks Trichet will raise.

    Oil at 140:eek:. Is Benny still gonna say 'no recession folks':rolleyes2
    BLOODBATH IN THE EVENING THEN? :shocked: OR PERHAPS THE AFTERNOON? OR THE MORNING? OH, FORGET THIS MALARKEY!

    THE KILLERS :cool:

    THE PUNISHER :dance: MATURE CHEDDAR ADDICT:cool:
  • tradetime
    tradetime Posts: 3,200 Forumite
    It'll be interesting to watch the aftermath of a rate tightening cycle by Trichet, if that's the route he chooses, very interesting indeed.
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
  • purch
    purch Posts: 9,865 Forumite
    It'll be interesting to watch the aftermath of a rate tightening cycle by Trichet, if that's the route he chooses, very interesting indeed

    If it was his decision maybe...but his vote count the same as everyone else's and there will be enough voices against him for the ECB to hold.

    You're right though.........if the ECB do raise, then it'll be very very 'Interesting' indeed
    Benny tells Americans: don't be unduly concerned about price inflation :rotfl: What IS he on??


    ....about 10 times what a defaulting 'trailer park' mortgagee is on............at least !!!!!!!!!!!
    'In nature, there are neither rewards nor punishments - there are Consequences.'
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