Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 268.79

+4.6%

Jan 2 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Trader who wrote (41966)	2/9/2001 12:32:32 PM
From: michael97123	of 70976

and this from yahoo Fed Chairmen Alan Greenspan testifies to Congress on Tuesday. ``We expect that the testimony will convey a clear sense that Fed officials stand ready to ease further should the economy continue to falter,'' said Ed McKelvey, senior economist at Goldman Sachs. Traders also cited comments made by William Poole, President of the Federal Reserve Bank of St. Louis to a news agency, that the Fed is still ready to trim rates but that the economy is only enduring a short-term decline. The market has no doubt, however, that the economy needs more help, especially as there has been no data to suggest a turnaround and senior policy-makers are still talking about stalled growth. Early Friday Teasury Secretary Paul O'Neill again said growth was probably zero percent and that he and Greenspan reviewed some of the data and came to the same conclusion this week.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next