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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (89753)9/18/2007 8:08:46 PM
From: Les HRead Replies (1) | Respond to of 306849
 
References to inflation concerns a token gesture...

We suspect that the references to inflation concerns in today’s statement may have been necessary to achieve a unanimous vote. We did not anticipate that there would be any dissents to a [quarter percentage point] move, but are a bit surprised that no dissenting votes were cast on the [half percentage point] outcome. In any case, the bottom line is that the Fed’s options remain open. –David Greenlaw, Morgan Stanley Research

blogs.wsj.com