Chattering Feds, Scattershot Views

Is it any wonder that the Federal Reserve is once again making noises about inflation? The U.S. slide-rule committee, after lowering the federal-funds target by 1.25 percentage point in about a week, has sent out a stampede of policymakers, who have tempered their expectations for a downturn after some earlier acknowledged the possibility of a recession.
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  8 February, 2008| Economy | @ 21:24

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