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: John Pitera who wrote (104925)	5/25/2001 4:15:53 PM
From: Ken98	Read Replies (1) of 436258

<<Poole says Fed should avoid surprising markets By Caren Bohan WASHINGTON, May 25 (Reuters) - The Federal Reserve should work harder to inform financial markets about its thinking on interest rates and should avoid surprising investors, St. Louis Fed President William Poole wrote in a draft of a speech released on Friday.>> biz.yahoo.com Why would the Fed want to go and to something silly like that and lose their most effective tool to prop up the stock market - the 'ol half point surprise cut right around expiration? Do they really think people buy this dribble?

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