A pause in interest rate cuts by the nation's central bank could prove to be refreshing for the stock market. Investors who once clamored for rate cuts to stabilize a slowing economy and financial system on the verge of a meltdown now are calling for a halt to the Federal Reserve's easing cycle. Wall Street is now of the mind that further cuts would do more harm than good. (USA Today, Monday)
Inflation fears?
FEE Timely Classic
Inflation in One Page by Henry Hazlitt
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