Fed Expects Higher Inflation –

The Federal Reserve indicated that they expect higher inflation as well as increased unemployment.  This is a tricky combination since the main tool to fight inflation would be to increase interest rates.  At the current time an increase in interest rates in not likely.

To view a recent article click here:

http://news.yahoo.com/s/ap/20080220/ap_on_bi_ge/fed_economy

 

James Sutliff

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