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


To: TobagoJack who wrote (93874)8/27/2012 8:18:02 AM
From: 2MAR$  Respond to of 219571
 
Fedspeak is replete to start the week with Chicago Fed dove Evans having already discussing the outlook on the U.S. economy and monetary policy at an MNI seminar from HK earlier. Evans earlier repeated a dire list of headwinds for the U.S. economy, including a stubbornly high jobless rate, risk of negative shocks, fiscal cliff problems, Eurozone contagion, etc. Accordingly, he expected inflation to remain at or below 2%, while joblessness remains above 7%. He argued for zero rates to remain in place until economic targets are met, such as sub-7% on unemployment and 3% on inflation, with more bond/MBS buying thrown in to boot. Minneapolis Fed hawk Kocherlakota will give welcome remarks later from 9:20 ET on Indian Country Economic Development and Cleveland Fed dove Pianalto will discuss the economic outlook and monetary policy from 12:15 ET.