Thread: Recession Deepens: biggest unemployment jump in 22 years.
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Old 06-07-2008
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Re: Recession Deepens: biggest unemployment jump in 22 years.
Quote:
Originally Posted by Norrin Radd View Post
You are correct, for the most part, but it is not always the case.

I should have said "inflation fears."

"The combination of rising unemployment and rising inflation expectations just leaves (us) totally frustrated and powerless," said Brian Fabbri, senior economist at BNP Paribas.

Fed to hold rates even as inflation fears rise | Special Coverage | Reuters
Inflation fears are going down.............
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