More on Inflation: FOMC minutes

[wabmester]

This is sort of interesting.* *The FOMC publishes their minutes a few weeks after each meeting.* They discussed inflation quite a bit at the last meeting, and the net result is that they see it rising, but not so much that they need to invoke the Taylor Principle nuke.* *Just 1/4-point at a time for now:

Sept meeting

Bernanke just came out Tuesday and said inflation is up, but that energy inflation hasn't really hit the core goods yet.* *The fed seems to think it won't.* September CPI comes out on Thursday, and it'll probably show the biggest blip this year, but I assume it won't show a big blip in core.

[JPatrick]

Originally Posted by wab

This is sort of interesting.* *The FOMC publishes their minutes a few weeks after each meeting.* They discussed inflation quite a bit at the last meeting, and the net result is that they see it rising, but not so much that they need to invoke the Taylor Principle nuke.* *Just 1/4-point at a time for now:

Sept meeting

Bernanke just came out Tuesday and said inflation is up, but that energy inflation hasn't really hit the core goods yet.* *The fed seems to think it won't.* September CPI comes out on Thursday, and it'll probably show the biggest blip this year, but I assume it won't show a big blip in core.

Yah the core is where the good stuff is....
Hey, I don't know how long you cooked it, but this computer is deelish!!
Pass me a little* chunk of that firestone tire, and oh yah, the sauce too please :P :P