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Strategies & Market Trends : The Thread

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To: stan s. who started this subject12/19/2000 2:21:52 PM
From: Bryan  Read Replies (1) of 49816
 
Ummmm...if this doesn't mean that they are adopting a bias toward easing, I don't know what will.

I think they fudged up the press release here.

"Against the background of its long-run goals of price stability and sustainable economic growth and of the information currently available, the (Open Market) Committee consequently believes that the risks are weighted mainly toward conditions that may generate economic weakness in the foreseeable future," the Fed said, in its post-meeting statement.

Hmmmmmmmmmmmmmmm....not leaning toward easing huh?

-B Ok ok I'm confused
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