hes hinting at stopping raising rates. so the market likes it. but its a lie. like it has been for the past 7 hikes and like it will be for the next 30.
yeah ... what the hell happened? wwwIII, surging oil, inflation increasing, growth slowing ... and me caught transferring accounts ...
Speaking of Bernanke, if you haven't seen this from Columbia Business School. http://www.youtube.com/watch?v=3u2qRXb4xCU Don
I can not belive this Fed dope would say core inflation should decline. He has set himself up real good here to look like a complete fool. Oil and hurricane season are coming. We shall all see what a boob this guy really is.
Core Inflation.....doesn't include energy. http://en.wikipedia.org/wiki/Core_inflation "core inflation eliminates products that can have temporary price shocks (i.e. energy, food products)"