Inflation: When Will The Fed Make A Preemptive Strike?By
Former Federal Reserve Board Chairman William McChesney Martin once said that it's the Fed's job to take away the economy's punch bowl just when the party gets going. He was referring to hiking interest rates in the face of rapid growth that might fuel inflation. Right now, economists are beginning to wonder if the Alan Greenspan Fed is about to holler "last call."
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.