Bernanke Update
Bernanke the hero!
TIPS' Yields Show Fed Has Lost Control of Inflation
For the first time in a generation, money managers must come to grips with a central bank that's more intent on spurring the economy than restraining price increases. With oil above $100 a barrel, gold approaching $1,000 an ounce and the dollar at a record low against the euro, TIPS show investors aren't convinced Fed Chairman Ben S. Bernanke will be able to tame inflation once policy makers stop cutting interest rates.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aIbnAuYWv3A0&refer=home
Bernanke the hero!
TIPS' Yields Show Fed Has Lost Control of Inflation
For the first time in a generation, money managers must come to grips with a central bank that's more intent on spurring the economy than restraining price increases. With oil above $100 a barrel, gold approaching $1,000 an ounce and the dollar at a record low against the euro, TIPS show investors aren't convinced Fed Chairman Ben S. Bernanke will be able to tame inflation once policy makers stop cutting interest rates.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aIbnAuYWv3A0&refer=home