this is important in the context that the FED, just this week, annoucned that an unexpected rise in unemployment might be a reason to lower rates (when they didn't, this time). Important to know, of course, that rates HAVE to be cut, or the debt service becomes unpayable. So, if I were a cynic, a two-move: Step one, say, without any official data at that point, that rates might be cut in spite of inflation if there is an unemployment reason; Step two, three days later, a rise in unemployment; Step three, "ah jeez, look"
reply