Tuesday, January 03, 2006
Is the tightening over?
Newly released minutes of the recent FOMC meeting show that the Fed's tightening may be over.
Whew... As I have been saying for sometime the Fed should have stopped tightening a long time ago.
To read the minutes: http://www.federalreserve.gov/fomc/minutes/20051213.htm
Whew... As I have been saying for sometime the Fed should have stopped tightening a long time ago.
To read the minutes: http://www.federalreserve.gov/fomc/minutes/20051213.htm