"Inflation is not likely to rise until excess resources are exhausted. That is likely to be a 2005 or 2006 story, not a 2004 story."
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"Inflation is not likely to rise until excess resources are exhausted. That is likely to be a 2005 or 2006 story, not a 2004 story."

--Bill Dudley, economist at Goldman Sachs, noting that inflation is not an immediate concern to fixed-income investors.

"Inflation is not likely to rise until excess resources are exhausted. That is likely to be a 2005 or 2006 story, not a 2004 story." --Bill Dudley, economist at Goldman Sachs, noting that inflation is not an immediate concern to fixed-income investors.

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