Fed Fiddling As Inflation Expectations Tumble

Nice chart from the Atlanta Fed’s latest big set of charts (PDF) shows that inflation expectations have tumbled since the April FOMC meeting: This is, again, a reminder of how bizarre the Fed’s stand pat attitude is. If inflation expectations had gone up by a large amount since the last meeting, there’s no doubt that [...]

Source: http://thinkprogress.org/yglesias/2011/06/25/253948/fed-fiddling-as-inflation-expectations-tumble/

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