哈雷汇评COST-PUSH INFLATION DECREASE THE CHANCE OR INTEREST RISING

COST-PUSH INFLATION DECREASE THE CHANCE OR INTEREST RISING
High oil price will bring the US a type of inflation called "cost-push inflation" which can not be treated by interest rising as certificated in the 1970's.So the only thing can help the dollar is better data.Unfortunately ,yesterday's data were worse than expected.And now the GBP is towarding 1.8250 ,and EURO has chance of touching 1.2170.Higher the crude oil price,lower the chance of interest rising is.

[ Last edited by 哈雷汇星 on 2004-5-27 at 01:53 PM ]