Interest Rate Roundup

Friday, October 16, 2009

Latest thoughts on the Fed

If you haven't already seen it, I recommend checking out my latest piece on the Federal Reserve. At the risk of stealing my own thunder, I'll sum up my view: This Fed has neither the will nor the inclination to pre-emptively tighten policy. They will keep the pedal to the metal until they drive us over the cliff ... again. My two cents anyway.

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