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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Paul Kern who wrote (66998)7/28/2006 11:15:34 AM
From: CalculatedRisk  Read Replies (1) | Respond to of 110194
 
Maybe they are quiet because there is a meeting coming. I think it is obvious that the economy is slowing rapidly AND inflationary pressures are building ... what to do ... what to do ...

I think another 25 bps hike is highly likely.



To: Paul Kern who wrote (66998)7/28/2006 12:04:08 PM
From: CalculatedRisk  Read Replies (4) | Respond to of 110194
 
Core PCE (Fed's favorite inflation measure) was 2.9% annualized in Q2.

That is the highest rate since 1994! Ouch.


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