Word: feds
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Suurkask scored the eqaulizer in the third against Northeastern to send the game to overtime. Then in overtime, she fed Botterill on a long breakaway pass to win the Crimson's third consectuive Beanpot title...
...Well, one report is not a trend. But certainly, if price pressures continue the Fed will not be cutting interest rates as aggressively as we've been expecting it to. And this report has probably eliminated the possibility of another between-the-meetings cut before the March 20 meeting, like we saw Greenspan do in early January...
...this keeps up, it means we're entering the worst of all worlds - one when inflation is going up, and economic growth is going down. That's stagflation, which we saw in the '70s, and it really ties the Fed's hands in terms of what it can do. It's way too early to sound the alarm on that just yet. But for the markets, it's on their radar screen...
...rats in question were fed a low-fat diet until they reached what can best be described as "rodent puberty" - at which point they were all given a very high-fat meal. (Sort of the rat equivalent of freshman year at college). The rats whose blood showed a very high incidence of triglycerides (i.e., fat) after the meal were the same rats who became obese...
...round of rate reductions for the U.S. in the first two quarters of this year. They got part of their wish, as Alan Greenspan's Federal Reserve cut the cost of borrowing by half a percentage point on Jan. 31. To keep the economy steady, though, the Fed will probably have to keep slicing. This by itself wouldn't bring back the high consumption and hypergrowth of recent years. Good thing, the panel felt. "We should not be desirous of an economy that goes back to a speed that cannot be sustained," warned Hormats...