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


To: Paul Kern who wrote (42708)12/13/2005 4:37:11 PM
From: Incitatus  Read Replies (1) | Respond to of 116555
 
The way I read it is that rates are no longer accomodative (ie, rates are no longer "low"). However, they will continue to need to raise rates a couple more times ("some measured policy firming") to stop inflation.

Mish, what is your take on the wording?