Feds fears come true today-READ

[thecalip]

Quote from enforcer99:

the fed has been saying for months that "so far higher material costs and a weak dollar have'nt showed up in the numbers yet".
well today they did in a big way with import prices climbing much higher than expected to 1.8%. this shows the weak dollar is now showing the negative side.

The number will not show up as long as they excluded them from their calculations.

 

[myminitrading]

Quote from plugger:

Gee Enforcer, you make it sound like a bad thing.

Here's what will happen. A new inflation measure will be introduced. It will strip out those pesky rising import prices.

Viola! No inflation. It's that easy. Just strip out the things rising in price and you have no inflation.

Haven't you been paying attention. Geez!

Its true thats what they will do, presto no inflation!

 

[chauncey1]

Bond market its pricing a "run for the hills" premiuml, so i guess its not a good measure right now.

I think the bond market will realize the inflation concern at some point and will sell off hard. So we can have wild moves this year end...

Hold on to something...