Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: CalculatedRisk who wrote (15173)	11/8/2004 7:29:22 PM
From: mishedlo	Read Replies (1) of 116555

Mixed Data Leaning Toward A Slowing Economy The November 10 federal funds rate hike is a foregone conclusion, with a 2.00% federal funds rate nearly certain. The policy statement after the meeting probably will contain only minor changes. The strong payroll numbers of October have raised the odds of a December tightening. All in all the December monetary policy call is a close call. There is ample evidence to make a case of an economy shifting to a lower gear. The U.S leading index has declined for four straight months, with another drop likely in October. Read the rest from Northern Trust Here: northerntrust.com

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