Re:U.S. inflation cools again, giving Fed room to downshift ...
by sf_rob on Thursday January 12, 2023 @09:57AM
(#34354387)
RE 2: As far as I can tell the last strategic reserve sale occurred in mid-November with no sales in December / bids for repurchases being solicited. It's possible that the supply effects continued through December, but it seems a bit tenuous without economic modeling.
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Re:U.S. inflation cools again, giving Fed room to downshift ...
by lettergram on Thursday January 12, 2023 @10:32AM
(#34355007)
It takes time for a sale to hit the market. I believe the last sale (or second to last) had a several month delivery window.
That said, fair enough - it’s really hard to predict commodity prices at a global scale. China locked itself down which cut its usage, for instance.