2 replies to this topic

[CLK]

Said there was growing concern over persistently low inflation. Maybe some here understand this and what they are refering to, discretionary items are cheap but necessities are high and going higher. Whatever they have planned, everything will go up, probably expect to spend another 10k per year inflation. Unless wages go up with their plans, the economy will implode.

Edited by CLK, 10 April 2014 - 07:02 AM.

[TechMan]

Bernanke told us it's "transitory".

Besides, we're still paying the same price for a full bag of chips. Tough it out. Everything's just fine.

[Data]

They claimed the market was responding to attempt by several members to talk down future interest rate increases in the following passages. "A number of participants noted the overall upward shift since December in participants' projections of the federal funds rate included in the March SEP, with some expressing concern that this component of the SEP could be misconstrued as indicating a move by the Committee to a less accommodative reaction function. However, several participants noted that the increase in the median projection overstated the shift in the projections." The two statements seem redundant.