“Oil Jump Presents Conundrum for Fed” – WSJ
“Two top Federal Reserve officials on Monday offered conflicting views on the right response to higher oil prices, kicking off what’s likely to be a lively debate within the central bank.
While Dallas Fed President Richard Fisher signaled higher oil prices may lead the central bank to roll back its huge monetary stimulus to prevent an inflation outbreak, Atlanta Fed chief Dennis Lockhart said more stimulus may be needed to avoid another recession.” Read more.
“Oil Jump Presents Conundrum for Fed”
Luca Di Leo
Wall Street Journal, March 7, 2011.
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