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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (27310)6/30/1999 2:50:00 PM
From: IQBAL LATIF  Read Replies (4) of 50167
 
The bias is important,<<Owing to the uncertain resolution of the balance of conflicting forces in the economy going forward, the FOMC has chosen to adopt a directive that includes no predilection about near-term policy action. The Committee, nonetheless, recognizes that in the current dynamic environment it must be especially alert to the emergence, or potential emergence, of inflationary forces that could undermine economic growth >>


nearly all major resistances have been taken out. A neutral bias is positive for this rally...Ike
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