Forum Home | Log in | Signup | My Page | Rules | FAQ | Boards | Members | Search
« ROUND Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: Fed holds rates on inflation concerns 

By: Beijing Bill in ROUND | Recommend this post (5)
Wed, 22 Jun 11 11:47 PM | 89 view(s)
Boardmark this board | De's Test Board 		Msg. 33579 of 45510
(This msg. is a reply to 33575 by Decomposed)
Jump:
Jump to board:
Jump to msg. #

I haven't figured out yet, who the biggest babbling idiot is, Burspanky or Obummer?
But I do know, were still going down the tube under both of them idiots...IMO!!!

BB... Sad




Avatar

Any clod can have the facts, but having opinions is an art. - Charles McCabe

» You can also:
- - - - -
The above is a reply to the following message:
Fed holds rates on inflation concerns
By: Decomposed in ROUND
Wed, 22 Jun 11 10:39 PM 		Msg. 33575 of 45510

Fed holds rates on inflation concerns

By Robin Harding in Washington
FT.com

Published: June 22 2011 17:44

The US Federal Reserve gave a downbeat assessment of the world’s largest economy on Wednesday as it pointed to slower than expected growth and higher inflation.

In the most significant change to its policy statement, it stripped out all reference to “subdued” measures of underlying inflation and said that the economy is growing “somewhat more slowly than the Committee had expected”.

The toxic combination of disappointing growth but higher inflation combined to leave no hint that the central bank will consider further asset purchases to stimulate the economy.

Full story: http://www.ft.com/cms/s/0/9f913490-9cea-11e0-8678-00144feabdc0.html#axzz1Q27RAEon

« ROUND Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next