Weale: Inflation: Finely balanced risks | Forex Factory

  • Weale: Inflation: Finely balanced risks

    From bankofengland.co.uk

    In a speech today at the City and Islington Sixth Form College, MPC member Dr Martin Weale, explains why he is confident that the MPC can return inflation to target and why, for him, ‘despite the international concern about very low inflation’, the decision of whether or not to tighten policy is ‘finely balanced’. Martin explains that while ‘it is likely that inflation will fall below zero at some point in the next six months’ this is not something to which the MPC could or indeed should respond: ‘Our work suggests that a change to Bank Rate takes about two years to feed through fully to inflation. The ... (full story)

Comment Options
traderathome
Mar 11, 2015 11:45am
Permalink
Quoting pbylina
Does anyone care what this guys says?
Right.

And the same is true of most of the published articles that find their way to FF to get additional exposure. They are mostly "Talking Head" efforts to deceive traders, or inept dissertations promoting forecasts, predictions, opinions, etc., also maybe intended to advance certain agendas.

Forex Factory is for traders. I understand FF need to make profits, and maybe the publications pay for their published "stuff" to get exposure to traders here. But, that does not mean it is helpful to traders here to expose themselves to it!

Reading the "stuff" that finds its way here can be detrimental to the traders here. It can help set a incorrect market bias within the traders here, which obviously some of the "stuff" is intended to do!

Trading is not the same as investing. Traders need only watch their charts. The MMs will "translate" onto the charts anything needing translating. How the MMs "translate" onto the charts what the "outside world" is doing, is all that matters.
Reply
pbylina
Mar 11, 2015 11:16am
Permalink
Does anyone care what this guys says?
Reply

  • Related Stories

There are no posts to display for these settings.
  • Story Stats