consumer confidence: Not Sucking So Bad
- 01/27/10 06:48 AM
Here are 4 points or comments from the Fed after their meeting on Wednesday- •· They are slightly more optimistic about the economy as job losses continue to slow. •· Inflation remains subdued. •· Their MBS purchase program will END on March 31st. •· The Fed Funds Rate will remain low for an extended period of time. My Comments- •· Notice, not a word about jobs being created or saved. That's because it is NOT happening yet. •· I believe inflation will be nearly non-existent for quite awhile. Normally, inflation or fears of inflation start in one of two areas: labor (1 comments)