The Fed cut rates today by half a point, fueling an increase in stocks.
As for inflation, the Fed stated "Readings on core inflation have improved modestly this year. However, the Committee judges that some inflation risks remain, and it will continue to monitor inflation developments carefully."
Concerns over inflation echo statements by former Fed chief Alan Greenspan, who mentions inflation as a serious concern in the near future in his newly published book
The Age of Turbulence: Adventures in a New World
CNN Money: Read the Fed Statement
Series I Bonds, I Bonds, IBonds, US I Bonds, I Bond Rate
