This time around it's at the high end, so in this sense, it is sufficient for addressing inflation.

The most visible manner to achieve this is by allowing USD/CNY to fall marginally below the psychological 8.00 level by late April.

That's signaling that they may be moving toward a pause.

Yesterday's move had a lot to do with the downgrading of the hurricane, but it's the same category as Katrina.

It is a foregone conclusion that there is no threat of inflation ... the question is not when the Fed will ease, but how much, and how frequently.

Some influential voices of the time argued that by accepting higher inflation, policy-makers could bring about a permanently lower rate of unemployment.