Friday, February 26, 2010

Groundhog day a couple of weeks late - - -

On Thursday night, Feb. 18, the FED (Federal Reserve) unexpectedly raised interest rates a quarter point.
~"This is the FED's version of Groundhog Day. ...It saw it's shadow (inflation) and so it raised rates.--Pimco's Bill Gross, CNBC, February 19, 2010, 08:45:19

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