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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (57529)	4/15/2002 11:33:44 PM
From: Skeet Shipman	Read Replies (2) of 94695

Shadow Open Market Committee A panel of U.S. private-sector economists on Monday urged the Federal Reserve to raise interest rates promptly, saying a failure to do so would risk higher inflation. ``The clear and present danger for the economy is higher inflation. The degree of liquidity in this economy is inappropriate for a recovery that's well underway,'' (I don't agree as of now. There is no pentup demand to accelerate consumption, leading to price inflation.)

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