9/5/07

Comment from a reader

With the need for credit in the current economy, how high does the rate of inflation need to be for the FED to decide against a rate cut?

At this stage of the game inflation is not an issue. The issue is convincing lenders to provide liquidity to business. (See comments below).

More on http://www.peterdag.com/.

George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977

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