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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (38195)4/6/2001 11:34:02 AM
From: IQBAL LATIF  Read Replies (2) of 50167
 
On inflation... The ECRI Future Inflation Gauge (FIG) declined in March. This is the eleventh consecutive monthly decline for the index, which is designed to anticipate cyclical swings in inflation. The behavior of the FIG, along with corroborating evidence of contemporaneous releases, indicates that the risk of real sector weakness outweighs inflationary pressures. As such, the Fed is likely to continue to ease monetary policy in the near future.
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