Dollar and Oil Are Manipulated by ECB and Fed [View article]
What I mean by ECB and Fed manipulation:
I mean, they are doing their best to offset the impact their actions would have on the dollar and oil, by talking tough. The ECB is raising rates, but at the same time saying it might not next month.
The Fed just finished a huge expansionary campaign and has forecast inflation would moderate; in the meantime, it's talking up inflation concerns.
Both the groups are talking against their actions, because they face two separate enemies, recession and inflation at the same time. Talk is cheap though! The market is smart. The lobbying can only hold off the flood for so long. Soon, the dollar will wither despite the central bank hot air.
This shows how close the Fed is to losing control of this ship.
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What I mean by ECB and Fed manipulation:
Jul 10 11:41 am
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All Comments by The Greek »Dollar and Oil Are Manipulated by ECB and Fed [View article]
I mean, they are doing their best to offset the impact their actions would have on the dollar and oil, by talking tough. The ECB is raising rates, but at the same time saying it might not next month.
The Fed just finished a huge expansionary campaign and has forecast inflation would moderate; in the meantime, it's talking up inflation concerns.
Both the groups are talking against their actions, because they face two separate enemies, recession and inflation at the same time. Talk is cheap though! The market is smart. The lobbying can only hold off the flood for so long. Soon, the dollar will wither despite the central bank hot air.
This shows how close the Fed is to losing control of this ship.