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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: Tommy Dorsey who wrote (7674)5/4/2000 2:58:00 PM
From: demigh  Read Replies (2) of 9427
 
Thanks Tommy. After posting my question, I decided to get off my duff and try to find the answer for myself. For anyone who might be interested, the info is available here:

stls.frb.org

For the period 3/98-3/99 M3 increased by 537.52 billion, so it appears the rate of increase is slightly less. I don't know if that's significant, but there you have it. I still don't understand why the FED would increase money supply and interest rates at the same time. It seems contradictory to me--any comments?

Diane
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