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Home » Forex Market Discussions » Greg Michalowski's blog

Forex News: Feds Stern on CNBC

Posted by Greg Michalowski on Tue, 08/12/2008 - 9:34am in
  • Longer run inflation should see some lower pressure for headline and core. Short term may see some uptick still
  • Tight credit restraining economic activity.  Will take some time for headwinds to deminish.
  • Some time before see growth at or above trend
  • Economy has been 'very subdued'.  See that in employment.  Don't know if will be charaterized as a recession
  • Stonger dollar is a relief for the inflation outlook. The dollar has declined for some time and exports have benefitted.
  • It will pay to be paient at this point with regard to monetary policy. Inflation and Inflation expectations seems to have diminished.

 

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