Instead of dropping 'measured,' they chose language that acknowledges the modest pick-up in inflation pressures. This may be a step toward getting rid of 'measured;' of being more aggressive without indicating a change in the plan.
Normally Greenspan's pretty cautious, but this time he didn't pull any punches in being upbeat on the economy.
Our portfolio remains slightly below duration. But then, the entire fixed-income universe has been defensively positioned for months now.
What we're waiting to see is whether the increase in commodity prices will sift through into core inflation.
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.