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How the Bond Markets React
A New Weekly Fixed Income Feature at the BlueCollarDollar

08.31.05

Is the target Inflation?

Last week, Alan Greenspan, the so-to-be-retired Federal Reserve Chairman held his annual meeting of minds at a Jackson Hole, Wyoming resort. In a typical fashion, he spoke about what was on his mind and why it was there. The only thing he did not clearly outline was why it took him so long?