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Politics : Welcome to Slider's Dugout
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To: jim_p who wrote (6710)10/18/2007 10:42:38 AM
From: yoremopnhoj   of 50742
 
"The big trade off with the FED is their need/desire for a lower USD vs. inflation and it's a tough call either way"

While I agree with this statement Benny is on record this week claiming the evidence suggest a weak dollar does not effect inflation, combine that with his belief commodities should also be discounted and the fool might just lower a point at a time. Remember he is convinced the Government stats overstate the inflation rate.
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