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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (100517)5/8/2001 5:36:42 PM
From: UnBelievable  Read Replies (1) of 436258
 
The Indication That Lower Productivity Will Cause The Fed To Lower Rates

Is either made by someone with no knowledge of economics or no scruples.

Whatever happens, the claim is made that it will cause the Fed to lower rates.

I'm sure when the data about inflation becomes irrefutable, although the Q1 5.2% increase of labor costs over the Q4 increase of 4.5% seems kind of obvious, I'm sure they will indicate that it is good because it will cause the Fed to ease.
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