Inflation drops, housing starts fall

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3 votes

Josh_head_profile_preview_profile_preview_comment_thumb Posted By: Joshua Dorkin, 11 months ago (Report Spam)
Category: Economy / Type: News
Source: finance.yahoo.com

A record plunge in consumer prices in November puts pressure on the Federal Reserve to act decisively to guard against a debilitating bout of deflation.

Comments

At 01:26PM on December 16, 2008 - Joshua Dorkin said...

We're all frustrated, Debbie! This mess has certainly been a long time coming, and we're definitely not going to get out of it overnight.

At 12:46PM on December 16, 2008 - Debbie Carbone said...

Josh who has confidence? In what faucet do they have confidence? If 1 more politician or big corporate ceo/cfo is in the news for fraud I think I am going to loose it. Confidence I have none. I can;t believe we keep signing the dotted line for the Bail Out... And every time you turn around another ceo/cfo is in the news. we did not get in this mess over night. You know what I started looking for investment property in Maui,Hi. It's still the U.S. but seems to keep stuff separate. I;m sorry Josh this country is a mess and I am frustrated. Keep smiling Josh you do good work. Debbie

At 08:55AM on December 16, 2008 - Joshua Dorkin said...

All the rate drops have failed to slowdown the global financial crisis . . . why the sudden confidence from the market about this one?