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Wholesale inflation was fairly tame before government shutdown, but PPI
might not sway Fed rate-cut vote
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The last piece of inflation data the Federal Reserve will see before its
pivotal December meeting to debate another interest-rate cut showed just a
mild in...
38 minutes ago
Seeded by jade-log
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Well, actually credit expanded more rapidly than the 4.2 percent rate in 2010 in every single year that Greenspan chaired the Fed. In fact, it expanded more rapidly in every year in this series (going back to 1976) and probably every year since the Great Depression. In other words, for Alan Greenspan night is day, up is down, he is looking at an extraordinarily slow pace of credit expansion and telling reporters that is the fastest on record...