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<title>PIMCO Global Central Bank Focus</title>
<itunes:author>Paul McCulley</itunes:author>
<link>http://www.pimco.com/</link>
<itunes:subtitle>PIMCO's Paul McCulley on the outlook for the Fed and global monetary policy</itunes:subtitle>
<itunes:summary>PIMCO's chief central bank watcher Paul McCulley shares his distinctive views on the outlook for the Fed and other central banks around the world.</itunes:summary>
<description>PIMCO's chief central bank watcher Paul McCulley shares his distinctive views on the outlook for the Fed and other central banks around the world.</description>
<language>en-us</language>
<copyright>&#xA9; Pacific Investment Management Company LLC 2007 PIMCO &amp; Family</copyright>
<itunes:owner>
    <itunes:name>Paul McCulley</itunes:name>
    <itunes:email>support_technical@pimco.com</itunes:email>
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<itunes:category text="Business">
    <itunes:category text="Investing" />
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<itunes:category text="Business">
    <itunes:category text="Business News" />
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<category>Business</category>
<category>Business News</category>
<category>Investing</category>
<itunes:explicit>no</itunes:explicit>
<item>
    <title>01/07 - Just-Right Ben?</title>
    <itunes:author>Paul McCulley</itunes:author>
    <itunes:subtitle>"There is a limit to how long we in the bond market will be willing to invest long-term at lower interest rates than for parking cash overnight in the bank."</itunes:subtitle>
    <itunes:summary>January 2007 Global Central Bank Focus by Paul McCulley "Just-Right Ben?" - "There is a limit to how long we in the bond market will be willing to invest long-term at lower interest rates than for parking cash overnight in the bank."</itunes:summary>
    <enclosure url="http://media.pimco.com/audio/gcbf_podcast_01_07.mp3" length="7813410" type="audio/mpeg"/>
    <pubDate>Fri, 05 Jan 2007 17:00:00 PST</pubDate>
    <itunes:duration>21:38</itunes:duration>
    <guid>http://media.pimco.com/audio/gcbf_podcast_01_07.mp3</guid>

    <itunes:category text="Business">
        <itunes:category text="Investing" />
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    <itunes:category text="Business">
        <itunes:category text="Business News" />
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    <category>Business</category>
    <category>Business News</category>
    <category>Investing</category>
    <itunes:explicit>no</itunes:explicit>
    <itunes:keywords>money mcculley investing fed global central bank focus business pimco finance</itunes:keywords>
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<item>
    <title>02/07 - If Fed Funds Rate "Fails" To Fall</title>
    <itunes:author>Paul McCulley</itunes:author>
    <itunes:subtitle>"An inverted yield curve, notably when the inversion begins at nine months out on the curve, is not a conundrum!"</itunes:subtitle>
    <itunes:summary>February 2007 Global Central Bank Focus by Paul McCulley "If Fed Funds Rate "Fails" To Fall" - "An inverted yield curve, notably when the inversion begins at nine months out on the curve, is not a conundrum!"</itunes:summary>
    <enclosure url="http://media.pimco.com/audio/gcbf_podcast_02_07.mp3" length="5623043" type="audio/mpeg"/>
    <pubDate>Fri, 26 Jan 2007 17:00:00 PST</pubDate>
    <itunes:duration>15:33</itunes:duration>
    <guid>http://media.pimco.com/audio/gcbf_podcast_02_07.mp3</guid>

    <itunes:category text="Business">
        <itunes:category text="Investing" />
    </itunes:category>
    <itunes:category text="Business">
        <itunes:category text="Business News" />
    </itunes:category>
    <category>Business</category>
    <category>Business News</category>
    <category>Investing</category>
    <itunes:explicit>no</itunes:explicit>
    <itunes:keywords>money mcculley investing fed global central bank focus business pimco finance</itunes:keywords>
</item>
<item>
    <title>03/07 - The Plankton Theory Meets Minsky</title>
    <itunes:author>Paul McCulley</itunes:author>
    <itunes:subtitle>"The human condition is inherently given to the Mae West Doctrine that if a little of something is good, more is better and way too much is just about right."</itunes:subtitle>
    <itunes:summary>March 2007 Global Central Bank Focus by Paul McCulley "The Plankton Theory Meets Minsky" - "The human condition is inherently given to the Mae West Doctrine that if a little of something is good, more is better and way too much is just about right."</itunes:summary>
    <enclosure url="http://media.pimco.com/audio/gcbf_podcast_03_07.mp3" length="6407504" type="audio/mpeg"/>
    <pubDate>Wed, 07 Mar 2007 17:00:00 PST</pubDate>
    <itunes:duration>17:44</itunes:duration>
    <guid>http://media.pimco.com/audio/gcbf_podcast_03_07.mp3</guid>

    <itunes:category text="Business">
        <itunes:category text="Investing" />
    </itunes:category>
    <itunes:category text="Business">
        <itunes:category text="Business News" />
    </itunes:category>
    <category>Business</category>
    <category>Business News</category>
    <category>Investing</category>
    <itunes:explicit>no</itunes:explicit>
    <itunes:keywords>money mcculley investing fed global central bank focus business pimco finance</itunes:keywords>
</item>
<item>
    <title>04/07 - The Costly Uncomfortable Reality About the Wrong Definition of Comfortable</title>
    <itunes:author>Paul McCulley</itunes:author>
    <itunes:subtitle>"The Fed's current obsession with the 1%-2% range is not a matter of economics, but of religion."</itunes:subtitle>
    <itunes:summary>April 2007 Global Central Bank Focus by Paul McCulley "The Costly Uncomfortable Reality About the Wrong Definition of Comfortable" - "The Fed's current obsession with 1% - 2% range is not a matter of economics, but of religion."</itunes:summary>
    <enclosure url="http://media.pimco.com/audio/gcbf_podcast_04_07.mp3" length="6939148" type="audio/mpeg"/>
    <pubDate>Wed, 11 Apr 2007 17:00:00 PST</pubDate>
    <itunes:duration>19:13</itunes:duration>
    <guid>http://media.pimco.com/audio/gcbf_podcast_04_07.mp3</guid>

    <itunes:category text="Business">
        <itunes:category text="Investing" />
    </itunes:category>
    <itunes:category text="Business">
        <itunes:category text="Business News" />
    </itunes:category>
    <category>Business</category>
    <category>Business News</category>
    <category>Investing</category>
    <itunes:explicit>no</itunes:explicit>
    <itunes:keywords>money mcculley investing fed global central bank focus business pimco finance</itunes:keywords>
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