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Cnnfn: Fed's Worry Beyond Inflation ...

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No sugar sherlock!

Full article is here.Cnnfn

Looks like the fed are commited to killing US inflation, unlike us. Good on them.

WASHINGTON (Reuters) - A cluster of Federal Reserve officials added their voices to the chorus Wednesday, saying that steady interest rate hikes have kept inflationary pressures in check, but that the threat was not over.

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Cheers mbga for keeping the board aware of the hawkish tones coming from Fed Govs.

"Fisher, who is a voting member this year of the Fed's policy-setting Federal Open Market Committee, added, "I have spoken elsewhere of the dangers of inflation, were it to take root. Here the Fed watchers who read entrails might take note -- I am fully confident that the Fed will continue to do its part by containing inflationary expectations and pressures."

.. and beyond that

"The current account deficit is at a record level, as a percent of GDP (gross domestic product). We're now at 6.5 percent. That is a very large number that cannot be sustained," Pianalto told the Columbus Metropolitan Club. "

The red is rather up-front . I wonder whether those with more experience of such matters would care to comment on whether this is a bullying tactic (set to soften up doves) or whether it's a genuine warning made outta the kindness of his heart!

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  • 301 Brexit, House prices and Summer 2020

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      • down 5% +
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