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Pastimes : FED TALK

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To: Jeff Jordan who wrote (12)3/30/2000 11:44:00 AM
From: Kelvin Taylor  Read Replies (3) of 94
 
"...that the economy was running at white-hot pace at the end of the decade that could at some point ignite inflation. They also indicated that the economy will probably not slow down all that much in the first quarter."

It takes 4-6 months BEFORE interest rates to effect the economy. And no evidence of inflation still.

Fed should leave rates alone and let the free market guide growth.

Interesting article I read the other day stated the Fed should be more concerned about DE-flation since commondities are decreasing.

Only oil has increased to any great amount.

No need for any more tamping by the GOVERNMENT!
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