Clown-Free Zone... sorry, no clowns allowed Message Board

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

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To: pater tenebrarum who wrote (48958)	12/19/2000 1:38:33 AM
From: Ken98	Read Replies (2) of 436258

ClownBuck Report: <<10:46 AM Fed adds $5.725 bln reserves via overnight repos 9:17 AM Fed adds $2.950 bln in reserves via 29-day repos>> What do you make of the contrary Fed "source" articles from Berry and WSJ: <<NEW YORK, Dec 18 (Reuters) - The Federal Reserve is considering a more aggressive shift in its official monetary policy outlook at a meeting on Tuesday than financial markets now anticipate, the Wall Street Journal reported on Monday. Financial markets widely expect the Fed on Tuesday to scrap its warning that inflation poses the greatest risk to the economy and adopt a so-called "neutral" stance that a rapid slowdown in growth poses an equal danger. But the Wall Street Journal said unnamed "Fed insiders" were weighing further action, either issuing an explicit statement that recession is a greater risk than inflation, or perhaps even cutting interest rates.>> But see: biz.yahoo.com Berry article on Friday was probably a trial balloon which met an untimely and messy death.

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