Market was expecting a

回答: inflation,inflation,inflationbloody_oil2005-10-12 13:01:54

top for the rate hike somewhere by FED, but FED said there was no limit for fighting inflation.
What a shock it is!!!

The implication of FED's word is that 4% is still too low, not even in consideration to be upper limit. So if sometime in future FED says 8% could be the first stop, will market be happy? Of course not.

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真那样,首先股市倒,然后房市倒,最后全倒 -就象2000年那样- 给 就象2000年那样 发送悄悄话 (0 bytes) () 10/12/2005 postreply 13:16:38

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