Posts Tagged ‘Marcos Jank’

Notes From Underground: Tomorrow the FOMC–extended period expected to stay

June 22, 2010

The FOMC statement will be released Wednesday and it will reinforce the discussion about the uncertainty of deflation/inflation. Bernanke and his fellow output gappers will stay the course as long as unemployment stays too high to comfort the Washington politicos. As we head into the Toronto G-7 and G-20 photo ops this weekend, the FED will not wish to create any type of uncertainty into what will prove to be a raucous weekend.

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