Re: FOMC
On Aug 8, 2007, at 3:05 AM, joanna wrote:
I thought Bernake was a sworn inflation fighter….so…..no surprises really.
Wall Street has been expecting the Fed to ease since Hurricane
Katrina. Bernanke has yet to comply. It’s an interesting case study
in how the Fed thinks more strategically than do the markets, who
want instant gratification.
Doug