SI
SI
discoversearch

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.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: lorne who wrote (35378)6/15/1999 9:05:00 AM
From: John Hunt  Read Replies (1) of 116759
 
Fed's Guynn lists reasons Fed may raise rate

<< Federal Reserve Bank of Atlanta President Jack Guynn on Monday spelled out five reasons why the Federal Open Market Committee (FOMC) may raise the benchmark federal funds rate when it meets on June 29 and 30.

In a sweeping overview of the U.S. economic outlook, Guynn listed a recovering global economy, a lenient U.S. monetary policy, rising market rates, rapid money growth and tight labor markets as red lights pointing to rising inflation risks.

''In my judgment, the risks are currently weighed toward the possibility -- though not the inevitability -- of growing inflationary pressures,'' Guynn told a Carreker-Antinori conference on new banking technology. ''We are prepared to adjust policy if and when that seems appropriate.''

Guynn is not an FOMC voting member this year, but policymakers' key speeches on monetary policy usually receive the Fed Board's stamp of approval before being made public ... more ... >>

biz.yahoo.com

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext