Given how well inflation is doing, I think that there is still room for the central bank to cut after this one. The debate in the market in coming months may be whether they stop at 7 percent or go below.

Limited space means that there's still space. The debate in the market in coming months may be whether they stop at 7 percent or go below.

Look at it! Look at it, damn you! This is the result of your consistent, persistent, grinding, impoverishing inflation, you despicable loathsome morons!

It looks as though core inflation is back. We have the core CPI now growing at an average monthly rate of roughly 0.3 percent thus far in 2004. That adds up to a rate hike happening sooner rather than later.

It looks as though core inflation is back, ... We have the core CPI now growing at an average monthly rate of roughly 0.3 percent thus far in 2004. That adds up to a rate hike happening sooner rather than later.

We have met our inflation target this year every year since 1997.