[TradersCom]

[article]100[/article]

[TradersCom]

Mester answers questions:

Don’t want to over-react to weak inflation when more data will arrive before September FOMC
Will be scrutinizing inflation data
Fed telegraphed gradual rate hike path. Builds in spats of volatility in data
Watching easy financial conditions, but not directly responding to it with policy
Factors are in place for US inflation to rise
Dollar partially reflects trading partners doing better
Stock market partially reflects earnings and low rates
inflation reflect idiosyncratic causes

[ThePitBoss]

This one got me ‘Instinct says inflation reflect idiosyncratic causes’ – does that just say hey I cant admit something is wrong? What happened to hard data

[Heidi Tait]

If you just figure out the changes in rates that people buy t-shirts as compare to sweaters, that will give you inflation right there. Mester told me so…..

[TradersCom]

[quote=”HeidsterTrades” post=565]If you just figure out the changes in rates that people buy t-shirts as compare to sweaters, that will give you inflation right there. Mester told me so…..[/quote]

How about on hoodies?

[Heidi Tait]

If you just figure out the changes in rates that people buy t-shirts as compare to sweaters, that will give you inflation right there. Mester told me so…..

🙂

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