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Will the Fed ease money further even if it increases inflation?

*Bloomberg, by Elizabeth Stanton, November 30, 2007

“Federal Reserve Chairman Ben S. Bernanke spurred speculation the central bank will cut its benchmark rate by half a percentage point at its December meeting after saying yesterday that policy makers must decide whether “renewed turbulence” in financial markets has shifted the risks between growth and inflation.

‘It is telling you that it’s likely to cut pretty aggressively over the next six months,’ said Jason Trennert, chief investment strategist at Strategas Research Partners in New York.”

*This information is solely a highlight of the opinion of a third-party publication and is incomplete.  Please subscribe to this publication for the full and timely opinion of the author and call a Monex Account Representative for any additional up-to-date information. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.

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