FED prolongs the consolidation …
Fed sparks interest rate fantasy again … inflation does not matter to them at the moment …
As current inflation is already higher than interest rates, bonds rather act as a hedge to equities only.
Fed revised economic forecast by 0.5%, still going for 2008 growth up to 2% … hope they will not have to revise it soon again.
At least they spark hope among equity buyers … falling interest rates and still growth ![]()
Tags: FED
