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Federal ReserveThere is talk among some members of the Federal Reserve about whether we should have more inflation to spur the economy. This is a hot button. If you push it, you can start a fire that cannot be put out. That was the case in the 1970s when inflation ran rampant and interest rates shot up to 18%. Fed chairman Paul Volcker managed to put that fire out, but in the meantime the economy was thrown into a severe recession.

Fast forward to the present. The Fed has an unofficial inflation target of 1.5% to 2%. Fed members Dudley and Evans are of the mind to let inflation float above these levels for a time, and then bring it back down. They expressed their views in the Wall Street Journal.

Continue reading Fed Officials Discuss Whether We Should Have More Inflation

Fed Officials Discuss Whether We Should Have More Inflation originally appeared on BloggingStocks on Thu, 07 Oct 2010 14:10:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BernankeDudleyEvansfeaturedFed ponders more inflationFederalReserveinflationinthenewsThu, 07 Oct 2010 14:10:00 EST<![CDATA[The week in preview: End-of-quarter expectations]]>http://www.bloggingstocks.com/2008/09/28/the-week-in-preview-end-of-quarter-expectations/http://www.bloggingstocks.com/2008/09/28/the-week-in-preview-end-of-quarter-expectations/http://www.bloggingstocks.com/2008/09/28/the-week-in-preview-end-of-quarter-expectations/#commentsFiled under: , ,

Even if the national headlines weren't already providing enough focus on the economy, plenty of economic data is due out as the month and the quarter wind down. U.S. economic data scheduled to be released this week include:

Other economic events scheduled for this week include:

Continue reading The week in preview: End-of-quarter expectations

The week in preview: End-of-quarter expectations originally appeared on BloggingStocks on Sun, 28 Sep 2008 12:30:00 EST. Please see our terms for use of feeds.

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