FED: Inflation up, growth down, and we're going to keep printing

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30ashopperSoWal InsiderRight here!6,845 postsJoined Apr 30, '08View profile MessageSoWal Insider

Apr 27, '11 · 1:43 PM229

Federal Reserve News Articles - Fed News - Central Bank - MarketWatch

Not much of a surprise, but clearly inflationary increases are now on their radar. A rate hike in the next year is possible. In the mean time, they'll keep the printing presses running full speed ahead. I wonder what happens to the stock market when their magical elevating money rug runs out of steam in June.

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Kurt

KurtAdminSoWal2,475 postsJoined Oct 15, '04View profile MessageAdmin

Apr 27, '11 · 1:46 PM#2

I think you should have yourself a martini and check out the beach. :roll: :lol:

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30ashopperSoWal InsiderRight here!6,845 postsJoined Apr 30, '08View profile MessageSoWal InsiderAuthor

Apr 27, '11 · 2:33 PM#3

Not a bad idea, although if you have money in the market or on the side lines, it's probably not a good idea to have too many martinis or spend too much time at the beach during times like these.