- Joined
- Sep 25, 2007
- Messages
- 201
Hi all,
During Benjamin Tal`s presentation at the June BC REIN workshop (June 4th) he made the following comments:
"Velocity of money is going down because of a lack of consumer confidence. When confidence comes back the velocity of money will increase, inflation will increase and interest rates will rise again. Three to four percent inflation will lead to higher interest rates. The number one factor to monitor now (re the direction of interest rates) is the Money Multiplier. When the Money Multiplier starts to increase, interest rates will start to increase. Google the Central Bank of St. Louis, they publish the money multiplier every two weeks."
I just checked out the site and signed up to be notified of updates. Some of you might find this information to be useful too.
Federal Reserve Bank of St. Louis - Series: MULT, M1 Money Multiplier -http://research.stlouisfed.org/fred2/series/MULT. This site provides a graph and other details about the Money Multiplier and you can sign up to be notified of updates.
Keith
During Benjamin Tal`s presentation at the June BC REIN workshop (June 4th) he made the following comments:
"Velocity of money is going down because of a lack of consumer confidence. When confidence comes back the velocity of money will increase, inflation will increase and interest rates will rise again. Three to four percent inflation will lead to higher interest rates. The number one factor to monitor now (re the direction of interest rates) is the Money Multiplier. When the Money Multiplier starts to increase, interest rates will start to increase. Google the Central Bank of St. Louis, they publish the money multiplier every two weeks."
I just checked out the site and signed up to be notified of updates. Some of you might find this information to be useful too.
Federal Reserve Bank of St. Louis - Series: MULT, M1 Money Multiplier -http://research.stlouisfed.org/fred2/series/MULT. This site provides a graph and other details about the Money Multiplier and you can sign up to be notified of updates.
Keith