Idea Of The Day 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 : Idea Of The Day

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Crystal ball who wrote (28546)	9/2/1999 3:06:00 PM
From: Lee	Read Replies (1) of 50167

CB,.Re:.will you same people put the blame on him too if the Fed raises rates in October 7% rates didn't hinder the econnomy in '96 or '97. (Compare quarterly GDP with rates on the attached graphs.) stls.frb.org Re:.More money means more plant production and expansion, and who better to have it but US! So the US can ever expand just like they did in Korea until the markets were completely saturated and prices collapsed? Maybe the following headline isn't troublesome to you but pressures exist which could de-rail your gains and the value of your dollar. U.S. Q2'99 Unit Labor Costs Gain Is Largest Since +4.5 Pct Q1'94 biz.yahoo.com Finally, Fed Gov. Kelley is a businessman and not an economist, so maybe you'd be interested in his opinion? KELLEY, OTHER FED OFFLS: READY TO TIGHTEN AGAIN IF NEED BE economeister.com Kelley told Market News International the Fed remains "intensely vigilant," even though the Fed has already raised the federal funds rate 50 basis points since late June, and said it would be "premature" to assume that the Fed will wait until next year to raise rates further. It was a sentiment echoed by other high-ranking Fed sources, who said the Fed is on heightened alert to key wage and price indicators. Kelley was interviewed Tuesday. Lee

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next