Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (115718)	6/13/2000 6:41:00 PM
From: TGPTNDR	Read Replies (1) of 1579058

Re: OT -- AG, Growth rate, and the fed. Interest rate movements take about 6 months to take full effect. It is my opinion that if he doesn't start moving them down in the next couple of months he is going to have to save the economy by next November. He is now saying the same thing that Meyer said alone in the April meeting -- that the US economy can stand more growth than it could in previous decades without inflation. We have now had at least 2 months of declining numbers in every leading economic indicator. The euro is down to the point where ECM thought they had to keep up with AG, and so they raised rates to try to maintain currency levels. I sure hope he figures it out soon. tgptndr

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