Wednesday, December 12, 2007

US Import Inflation accels = Hawkish

November Import Prices reported 2.7% m/m vs. consensus 2.0%... the October rate was +1.4% = inflationary data for Bernanke's "data dependence"

2 comments:

Anonymous said...

An interesting and original dictum , sir.

G.E. Johnsen

Keith R. McCullough said...

Thank you, Sir!