This entry was posted on Tuesday, February 5th, 2008 at 10:59 am and is filed under monetary policy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Bob spoke with Bloomberg's Tom Keene about the Fed's decision to lower its benchmark interest rate by half a percentage point to 3 percent, the risk of a U.S. recession and the outlook for the credit default swaps market. To listen to the interview, click here.
February 10th, 2008 at 5:10 pm
How long does this “inflationary” pressure persist as the economy slows ? As the economy slows , does the price pressure evaporate at some point ?