Thursday, October 12, 2006

Fed policymakers say slowing economy to ease inflationary pressures

I am increasing my weighting of stocks! Even though we've already had a nice run, I'm convinced that the slowing housing market is going to hurt growth for a good long time, forcing the Fed to keep rates low, if not to raise them.

Most policymakers at the U.S. Federal Reserve (Fed), when they met Sept. 20, said inflationary pressures would eventually ease as the economy slowed down, according to minutes of the meeting released Wednesday

Link: Fed policymakers say slowing economy to ease inflationary ...

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