Team Forex - Never trade the Forex Alone wrote an interesting post today on
Here’s a quick excerpt
The lag time necessary for inflation to respond to policy is especially long. As a policymaker discharging our dual mandate, I am always mindful that in providing the monetary conditions for employment growth, we must not also sow the seeds of inflation that will eventually choke off the very employment growth we seek to encourage. You do not have to be an inflation “hawk” to recognize that 60 Minute Trader™ would be a Faustian bargain. Those of you who follow my speeches—probably a very small

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