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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 393.24+1.1%Dec 11 4:00 PM EST

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To: Haim R. Branisteanu who wrote (14242)2/9/2007 2:44:25 PM
From: $Mogul  Read Replies (1) of 218410
 
Fed's Bill Poole Shows Unusual Optimism for an Inflation Hawk; Bies Resigns Following Another Speech in January on Nontraditional Mortgages
Poole said, "Recent inflation data themselves, and other information relevant to judging the inflation outlook, suggest that the inflation rate is likely to fall into a reasonable range this year." Federal Reserve Board Governor Susan Schmidt Bies submitted her resignation Friday as a member of the Board of Governors of the Federal Reserve System, effective March 30, 2007. Bies has been a member of the Board since December 7, 2001. She will not be attending the March 20-21 meeting of the FOMC. Bies is 59 and plans to spend time with her family. Bies follows resignation of Jeffrey Lacker who was the only member voting to increase rates.
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