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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Henry Volquardsen who wrote (1506)6/11/1999 7:06:00 AM
From: N  Read Replies (1) of 3536
 
...when fed watching was an art...

June 9 Commentary by Gerald Baker in ft attributes to ex vice chair Al Blinder:

If the public is to read the bias as indicating the Fed is considerably more likely to tighten than to ease -- of course, that's right. If it's interpreted as signalling a tightening is imminent, I'd have more doubts.

Vice chairs come, vice chairs go. What's a person to think, Henry?

Nancy
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