I'd thought they wouldn't want to sort of venture there again, given that all is not perfect on the commodity price front,
More Quotes from Michael Gregory:
The Bank of Japan is taking a little step towards trying some remedies, ... now appears to be more conducive to helping them.Michael Gregory
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Mortgage equity withdrawal (which keys off prices and rates) is going to ebb substantially and pull consumer spending growth down along with it. When it does, the Fed will pause.
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There's little doubt out there that Greenspan will move this time around and try to put the brakes on growth a bit. The question is whether this is a one-time deal or a continuation of a series of moves meant to really keep the economy in line.
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