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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (26679)	6/7/1999 10:35:00 AM
From: Lee	Read Replies (3) of 50167

Hi Ike,..Re:.this gap between output and capacity is a graphic indicator of future inflationary pressures Looks like CNBC also reading the "Idea Thread".<g> This morning Kathleen Hayes put up a graph of Capacity Utilization compared with Fed Funds and stated that some analyst said the Fed has never raised rates when Capacity Utilization is declining.<g> stls.frb.org Cheers, Lee

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