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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Giordano Bruno who wrote (109186)9/18/2007 6:29:32 PM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
Because they reflect inflation fears. Check where oil closed. Then, check the food commodities. The rate cut was designed to reverse the disinflation in home prices, so that sounds like the Fed is a roundheels for higher prices.