CNBC Worldwide Exchange November 21, 2014
Inflation expectations have fallen to levels which seem to be fashionably low. I guess the market is poking on the dovish side of that saying or reiterating that they have to be super careful that Inflation Expectations are not the ankle rate. Inflation expectations would equal monetary tightening, i. E. , would harm the fragile economic recovery. Also, that he was referring to the recent data from yesterday that the pmi levels are showing that a stronger recovery is rather unlikely in the coming months. It was probably back in the view of the doves in the markets. We are seeing that directly ...