Skip to main content

Fed Plans To Have Cheap Oil, Higher Inflation, Rate Hikes, Cake

  • Author:
  • Updated:
    Original:

That game of chicken going on between OPEC and American oil producers? Well, it’s not like anyone asked, but rest assured that Janet Yellen won’t be the first to blink.

If Ms. Yellen and her colleagues put more weight on the looming inflation drop, they will hold off on interest-rate increases, which are expected by mid-2015. If they put more weight on underlying economic strength, they will proceed as planned, or even accelerate their move.

The signs so far are that the Fed will proceed as planned.

Fed Likely to Stare Down Oil-Price Drop [WSJ]

Related

oil

Would Like To Pay $40 Less Per Ton Of Oil? Ex-Glencore Trader Allegedly Can Show You How

If there’s a benchmark, someone is trying (and probably succeeding) at manipulating it.

Commerzbank To Have Cake, Eat It, Too

Appreciative as it is for the €21 German taxpayers threw it, Commerzbank has had quite enough of living under the government's thumb. So it's going to finish paying back those taxpayer loans by conveniently diluting its shares such that the German government can't tell it what to do anymore.

kiev attack

Russia Succeeds (In Ending Swiss Banking As We Know It)

Quickly and cleanly conquering Ukraine? Less so.