Realistbear Posted January 26, 2011 Share Posted January 26, 2011 (edited) http://uk.finance.yahoo.com/news/OECD-Gurria-says-inflation-reuters_molt-174505412.html?x=0 OECD's Gurria says inflation under control International.8:51, Wednesday 26 January 2011 LONDON (Reuters) - OECD Secretary-General Angel Gurria said on Wednesday the government needed to stick to its deficit-cutting plans and he believed inflation in Britain was under control. And the scary part is that the OECD's track record is among the best in the world --with the IMF, CBI, BoE etc not even coming close. Its a strange thing but my few remaining bond funds have started picking up in the last couple of weeks and this does not happen where inflation is seen as a threat. Can the market EVER be beaten? This means the recession-depression will take care of it. Not so good. Time to unload inflation hedges if this has not already been happening since Crimbo. Edited January 26, 2011 by Realistbear Quote Link to comment Share on other sites More sharing options...
VeryMeanReversion Posted January 26, 2011 Share Posted January 26, 2011 An OECD bod was on the radio this morning, I couldn't believe the rubbish they were spouting. One more for the muppet list. Anyway, of course its under control, their target is 10% +/-10%. Didn't they tell you? Quote Link to comment Share on other sites More sharing options...
General Congreve Posted January 26, 2011 Share Posted January 26, 2011 They will never let deflation happen Bear. Get ready for more QE. Quote Link to comment Share on other sites More sharing options...
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