Filed under: Newspapers, Market matters, Federal Reserve, Cramer on BloggingStocks, Recession
TheStreet.com’s Jim Cramer says to ignore the inflation worrywarts; the Fed needs to keep easing to keep things in check.
“Mounting Inflation Concerns Weigh on Fed’s Next Move.”
Here’s where we need Rupert Murdoch to exert control over the Journal. Here’s where we need some real intervention from someone with business sense.
That’s right, because we have seen a “mounting inflation concerns” headline about the Fed pretty much every week since the easing began. It’s become something like “DA Probes Rackets,” when there’s nothing else to write about.
Do you realize that we have had gigantic easings right after Fed frets of inflation or when some Fed head says nothing’s wrong and the fundamentals are sound? Do you realize that even under Murdoch, there is no accountability for this stuff for anyone — neither Fed nor the WSJ?
Continue reading Cramer on BloggingStocks: Fed will cut because it has to
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