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Strategies & Market Trends : Three Amigos Stock Thread
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To: Sergio H who wrote (28276)3/19/2002 9:01:02 PM
From: Ken W  Read Replies (2) of 29382
 
Sergio

"In a statement after the one-day meeting, the Federal Open Market Committee dropped its 15-month-old warning that weakness posed the greatest threat to the economy and said risks were now more evenly balanced between inflation and weakness."

Pretty much says they are going into neutral stance huh? Some anal-ysts see the first rate hike as early as June...I don't think that the FOMC will be that ahead of the curve. There is still too much uncertinty out there to justify the growth numbers they are touting.

Ken
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