The federal dinanciers will be meeting to decide how they are going to work with the current recovery of the economy. http://money.msn.com/market-news/post.aspx?post=ead68a86-b853-4caa-a1ea-5541db065c2c reads that they will likely then decide how to work with the inflation rate that (what they don't say) is likely to be explosive yet again based on gas prices.
So how can the Central Bank do anything when lowering the interest rates hurts the government yet raising the interest rates hurts the economy because greedy ba*terds will take it as a dign to sell sell sell, of course the whole time oil prices will likely skyrocket, because, if Greece is any consideration, when in trouble, raise the price of the one thing everyone needs...Again with price gouging, but that was a previous post.
So here is what I would do in their position. exactly what they intend to do, nothing. The interest rates will remain unchanged and they will propose the next quarterly meeting results ahead of time to ease worries and frustration, then they will most likely issue a warning statement to the highers that continued increase in oil prices will lead to greater inflation and lower value of the American Dollar. Ahh, yes, if we tank, prices go even higher, the one thing everyone seems to be avoiding.
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