David Tepper: The Fed Expects Inflation Will Not Be Triggered Until Unemployment Falls to 6%

In an interview on CNBC's Squawk Box December 17, 2012: David Tepper, president & founder, Appaloosa Management, says what the Fed has done helped the markets. He also says he believes the Fed sees a 6 percent unemployment rate is the trigger for inflation. He also says Obama's legacy will be defined by entitlement reform.

Comments

Popular posts from this blog

Crypto Index Funds Scramble to Win Over Hesitant Investors

GFG Australia gains financing to acquire GFG US wire rod assets

Cathie Wood: The Big Risk Is Deflation, Not Inflation