Posts Tagged ‘50 basis points’

Notes From Underground: Will the BOE see its Shadow and spring into raising rates?

February 9, 2011

Today, Ben Bernanke went before the new sheriffs in Washington and he maintained the importance of the FED‘s dual mandate. He let Paul Ryan and his comrades unequivocably know that the dual mandate will be fulfilled. Yes, Chairman Bernanke appeared to sign on to the desire of the Republicans’ “mandate” for fiscal rectitude but that is always to be expected from a FED chairman.