Word: inflationitis
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It used to be that markets waited anxiously to see what the Federal Reserve would decide about short-term interest rates. These days that's a given: rates are stuck between 0% and 0.25% for the foreseeable future. Instead, the only real news one can hope for out of a...
When the FOMC emerged from a two-day meeting on June 24, though, it didn't even offer a definite signal on that. "There's clearly a debate going on within the Fed as to what they should do next, and there's no need to make a decision yet...
Actually, there was a slight shift since the last Fed statement. At the end of April, the FOMC worried that "inflation could persist for a time below rates that best foster economic growth and price stability in the longer term." This time the wording was shortened to a simple prediction...
Interest in the debates has been moderate, with between 35 million and 45 million viewers, or one-fourth of registered voters, per event. As with most maturing democracies, voter turnout has been dropping since Indonesia's first free elections in 2004. While still facing significant challenges, the country is more...
With corruption, jobs, inflation, education and health care as the top five issues most Indonesians care about, SBY is the only candidate regularly polling above or near 50%, the threshold necessary to win in one voting round. Still, some polls - and it is difficult to know which surveys are unbiased...