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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (7701)7/19/2006 10:53:00 PM
From: yard_man  Respond to of 219782
 
>>“We wouldn’t be talking about this if energy prices were still at $30 a barrel or $40 a barrel for oil,” he said.<<

But his interest rate lever has nothing to do with that -- and higher energy prices have the same effect as increased rates -- slowing the economy.

What does he mean, wouldn't be talking about it -- does he mean he'd still have to be raising rates for the forseeable future??

I think he means the reverse, but it makes no sense, imo.



To: elmatador who wrote (7701)7/20/2006 2:18:55 AM
From: TobagoJack  Respond to of 219782
 
fed is prime evil, root of all rot, slime of garbage, and stupid as well, but so enabling of undeserved profit, a perfect mark