Q: When is the first rate hike.
45 MINUTES!!!!!
MHUAHAHAHAHAHAHA!
Posted 27 April 2011 - 10:45 AM
Q: When is the first rate hike.
Posted 27 April 2011 - 12:00 PM
Follow up question please....Household spending and business investment in equipment and software continue to expand. However, investment in nonresidential structures is still weak, and the housing sector continues to be depressed.
Oh...and one more if you don't mind sir...Inflation has picked up in recent months, but longer-term inflation expectations have remained stable and measures of underlying inflation are still subdued.
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Posted 27 April 2011 - 12:25 PM
Taken from today's FED statement:
Follow up question please....Household spending and business investment in equipment and software continue to expand. However, investment in nonresidential structures is still weak, and the housing sector continues to be depressed.
"Dr. Bernanke, housing only accounts for 18% of Personal Consumption Expenditures, but it has a 42% weighting in the calculation of the Consumer Price Index. Because house prices have been depressed in the wake of the housing bust, some analysts are saying that the CPI inflation rate understates the real price inflation that is taking place elsewhere, such as in food and hard commodities. Is housing weighted too heavily in the CPI?"
Oh...and one more if you don't mind sir...Inflation has picked up in recent months, but longer-term inflation expectations have remained stable and measures of underlying inflation are still subdued.
"Dr. Bernanke, since 2008 you have more than tripled the size of the monetary base, and yet you continue to insist that inflation remains low. Are you confusing consumer prices with the standard economic definition of inflation of the money supply?"
"The power of accurate observation is commonly called cynicism by those who have not got it."
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Posted 27 April 2011 - 12:31 PM
Posted 27 April 2011 - 01:16 PM
Can we see a copy of your birth certificate?...
Posted 27 April 2011 - 02:06 PM
Edited by spielchekr, 27 April 2011 - 02:09 PM.