Thursday, March 19, 2009
Inflation: The Obama Surge
Wall Street Pauses To Ponder Fed's Move
Commodities roar, stocks slip, bonds steady.
The dollar remained weak, a day after the Federal Reserve said it will pump $300.0 billion into Treasuries.
The reality of a deep-pocketed buyer for government debt with a virtual printing press in its basement derailed the greenback, as the euro climbed to $1.3676, from $1.3491 a day earlier.
Source: Forbes
Commodities roar, stocks slip, bonds steady.
The dollar remained weak, a day after the Federal Reserve said it will pump $300.0 billion into Treasuries.
The reality of a deep-pocketed buyer for government debt with a virtual printing press in its basement derailed the greenback, as the euro climbed to $1.3676, from $1.3491 a day earlier.
Source: Forbes
Labels: democrats, economics, obama, pelosi, reid
