GS’s Jan Hatzius on Fed Rates, Inflation & Jawboning
June 17, 2008 3:30am by Barry Ritholtz
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Inflation and jaw-boning are a dangerous combination. Inflation *expectations* are crucial. It takes a high degree of media savvy to manage popular perception about inflation expectations through sound-bites and headlines. This most recent effort could easily backfire, and actually greatly increase general inflation expectations. Yikes.
why am I not able to successfully view any CNBC embedded video in explorer or firefox? Is there some setting option I am missing?