Get ready for the Fed to resume buying Treasuries–today’s inflation number ends any debate

Think that there’s any chance that the Fed isn’t about to launch Quantitative Easing II? The core CPI, which subtracts volatile energy and food prices, was unchanged for September. That brought year-to-year core inflation down to just 0.8%. That’s the lowest annual rate of core inflation since 1961. The Fed’s target rate of core inflation is 2% to 2.5%.

Is lending growth still out of control in China?

Is lending growth still out of control in China?

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