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Politics : Idea Of The Day

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To: ynot who wrote (28725)	9/8/1999 2:08:00 PM
From: Lee	Read Replies (1) of 50167

Hi Ynot,..Re:. true, and rates will still go up imho It's a voting FOMC; therefore, while Alan's opinions might carry a lot of weight, there are others who are not nearly so contemporary in their thinking. I don't think the FOMC will take back that last 25 basis points of ease we got last fall because evidence still points to mostly stable prices and low inflation; however, Laurence Meyer, a voting Fed member is talking somewhat tough today. stls.frb.org output/hr vs. cap. util. stls.frb.org ECI Cheers, Lee

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