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Two Moves to Make as the Fed Inflates the Commodities Bubble

Posted on July 02, 2008

U.S. Federal Reserve Chairman Ben S. Bernanke ignored the warnings of most economists last week, and kept the benchmark Federal Funds rate at 2%, far below the actual rate of inflation. As a result of this non-move, investors can probably look forward to having the global commodities boom continue for at least a while longer....

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Tags:
bernanke , commodities , fed , federal reserve , inflation , the fed
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