FEDs Fisher Says Rate Rise May Be Needed to Slow Inflation

Joma · Dec 19, 2006

Inflation is a greater risk to the economy than slower growth, and the Federal Reserve may need to raise interest rates if price increases don't subside, Federal Reserve Bank of Dallas President Richard Fisher said.

Source : Bloomberg

http://www.bloomberg.com/apps/news?pid=20601087&sid=aJR8e0FZs1rA&refer=home

EqtTrdr · Dec 19, 2006

http://www.elitetrader.com/vb/showthread.php?s=&postid=1300421#post1300421

Joma · Dec 19, 2006

http://www.elitetrader.com/vb/showthread.php?s=&threadid=82718

myminitrading · Dec 19, 2006

The market loves rate increases, just look at it go!

Avid_Consumer · Dec 19, 2006

this kind of jawboning becomes so predictable after a while. that was almost a no brainer today

myminitrading · Dec 19, 2006

Quote from Avid_Consumer:

this kind of jawboning becomes so predictable after a while. that was almost a no brainer today

Maybe the dollar is next.

Joma · Dec 19, 2006

Quote from myminitrading:

The market loves rate increases, just look at it go!

Big player, myminitrading ? 500 / 1000 lots ? Marketmover ?

Avid_Consumer · Dec 19, 2006

Quote from myminitrading:

Maybe the dollar is next.

quite possibly yeah, i guess thats in paulson's court. i swear to god after looking at the nasty overseas gaps with commodities creeping up this morning i thought ok, either an outage today - talking rates higher, or both

daddyeaux · Dec 20, 2006

when junk credits start to float to the surface, I wonder what the jargon will turn to .....

piezoe · Dec 21, 2006

Please see my ET post on 12/18 in "trading-House of Cards Ready to Fall"

As i stated there, the rhetoric is likely to blame inflation (and there will be inflation) but the real reason the Fed will likely raise rates (as few times as they can, but at least once)during the "soft landing of 2007" is other than inflation.