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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (14372)10/31/2004 7:43:03 AM
From: Crimson Ghost  Respond to of 116555
 
The Fed will make a lame effort to slow inflation and support the buck next year even if that means a slowing economy IMHO. With the election out of the way, they will feel free to administer some castor oil.

This is not to say monetary policy will be tight -- just somewhat less easy than it has been the last few years. I see a peak Fed funds rate of perhaps 3-3.5% before the next easing cycle begins.


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