He is warning the markets that the Federal Open Market Committee will very likely continue to raise short-term interest rates, given the continued growth in the economy.
I think that this is an excellent sign to financial markets everywhere that the Fed will do whatever it takes to sustain this inflationary economic growth.
It is certainly possible that the Fed could cut rates further, and it is very probable that the Fed will continue to pump liquidity into the markets,
It's Christmas in May for traders. This was the wrong decision, and we're all going to pay the price for it.
Never seen a Treasury secretary that has worked so well.
There have been prior indicators that point in the same direction. The leading indicators have been almost uniformly pointing toward more employment costs, which is very important to [Fed Chairman] Alan Greenspan.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.