Chart of the Day: Falling Inflation Expectations And Fed Credibility
The Cleveland Federal Reserve Bank yesterday reported its "latest estimate of 10-year expected inflation is 1.53%. In other words, the public currently expects the inflation rate to be less than 2% on average over the next decade (see chart above)." The chart …
Will the Fed end up losing a boatload of taxpayer money on its QE programs …Washington Post (blog)
Fed Officials Reject Warning Losses May Weaken FOMC CloutBloomberg
Political problems await when Fed needs to reverse policy: BullardReuters
MarketWatch -Wall Street Journal (blog) -NASDAQ
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