Stan Shipley
Stan Shipley
economy gradually grind inflation picks remains unlikely
Something in-between is probably where we are. While the economy remains weak, inflation will gradually grind down. When the economy picks up, it's unlikely then that inflation will grind down further.
anecdotal determination economy employment evidence greenspan inflation numbers problem wait
There's evidence that inflation isn't a problem and some anecdotal evidence that the economy is slowing, but I think we'll have to wait and see the employment report. Greenspan is going to wait to see those numbers before he makes any determination of what he'll do in November.