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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Oblomov who wrote (47981)12/15/2000 1:41:05 AM
From: Ken98  Read Replies (2) of 436258
 
<<Newspaper: Fed Unlikely to Cut Rates

WASHINGTON (Reuters) - Faced with slowing economic growth and an uncertain short-term economic outlook, a number of Federal Reserve officials have concluded that the risk of serious weakness in the economy is as great as the risk that inflation will get worse, The Washington Post reported Friday.

But none of the Fed officials suggested there was, as yet, any urgent need to cut rates, wrote the Post's John Berry, citing interviews with Fed officials in recent weeks.

The officials, who meet Tuesday as the Federal Open Market Committee, the central bank's top policymaking group, are expected to adopt their view but make no change in their target for overnight interest rates, Berry wrote. [...]

biz.yahoo.com

ClownBuck support??

Hope all is well, Ken.
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