SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lucretius who wrote (104597)5/24/2001 4:20:41 PM
From: patron_anejo_por_favor  Read Replies (6) of 436258
 
Here's why the bond tanked...apparently Meyer admits we're headed for stagflation (translated from FedSpeak):

cbs.marketwatch.com

Meyer said he believes growth will "gradually" return to trend in response to monetary and fiscal stimulus, an easing in energy prices and the demand for productivity-enhancing capital investments.

"But we have to remember both sides of the dual mandate," he said, referring to the Fed's twin goals of maximum employment and minimum inflation.

"Given that labor markets remain tight, that inflation remains above the rate that I would find acceptable over the longer run, and that core inflation has been heading higher, attention must also be given to calibrating the easing to avoid overshooting in the other direction in a way that ends up adding to price pressures as growth strengthens," he said.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext