1/4 point cut
- Thread starter jammy
- Start date
People use the term "manufacture deflation". That sector are sure in deflation. Price in some service sector are down too. Hope they don't spread out.
Here is a very nice display of the yield-curve: http://stockcharts.com/charts/YieldCurve.html
regards
Bernd Kuerbs
"15:13 ET FOMC Minutes
The May FOMC minutes reveal the Fed's concerns regarding disinflation risk as the committee saw higher risk given the level of excess industrial capacity. The disinflation concerns were softened by the weak dollar (higher import costs) as the tax cuts and low interest rates provided impetus for a stronger economy. The uncertainty surrounded the timing and severity of an upturn was the chief economic concern given the lack of business confidence which continues to restrain investment. As opposed to yesterday's policy dissent (Parry) in favor of a stronger ease the May discussion included two members who preferred a balanced directive rather than the weakness tied to disinflation risk. "
nitro
The May FOMC minutes reveal the Fed's concerns regarding disinflation risk as the committee saw higher risk given the level of excess industrial capacity. The disinflation concerns were softened by the weak dollar (higher import costs) as the tax cuts and low interest rates provided impetus for a stronger economy. The uncertainty surrounded the timing and severity of an upturn was the chief economic concern given the lack of business confidence which continues to restrain investment. As opposed to yesterday's policy dissent (Parry) in favor of a stronger ease the May discussion included two members who preferred a balanced directive rather than the weakness tied to disinflation risk. "
nitro