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Technology Stocks : Intel Corporation (INTC)
INTC 38.16+2.5%Nov 7 9:30 AM EST

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To: Gary Ng who wrote (123310)12/19/2000 2:35:25 PM
From: Tony Viola  Read Replies (2) of 186894
 
Gary, he had to say something about inflation. The following seems to be a shift to easing bias, or at least neutral:

While some inflation risks persist, they are diminished by
the more moderate pace of economic activity and by the absence of any indication
that longer-term inflation expectations have increased. The Committee will
continue to monitor closely the evolving economic situation.

Against the background of its long-run goals of price stability and sustainable
economic growth and of the information currently available, the Committee
consequently believes that the risks are weighted mainly toward conditions that
may generate economic weakness in the foreseeable future.


Anyone watching CNBC to see how they're calling it, i.e., shift to neutral or shift to easing bias?

Tony
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