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| No more Fedspeak on further interest rate cuts |
| Sunday, May 25, 2008 |
No more Fedspeak on further interest rate cuts - Los Angeles Times
WASHINGTON -- Sounding a gong couldn't have made it clearer. Federal Reserve officials are putting out the word that further interest rate cuts are unlikely. Fed Governor Kevin Warsh ditched the central bank's cryptic word tangles and bad credit interest rates actually waxed
Source: www.latimes.com
The lessons of the 1970s - Financial Times
Inflation is rising and bad credit interest rates it seems the world s central banks have critically misjudged the situation. Until a few months ago, most commentators worried about a repeat of the Great Depression. But the 1930s have virtually no relevance to our situation
Source: www.ft.com
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| posted by @ Sunday, May 25, 2008 |
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