Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: William H Huebl who wrote (7292)	10/25/1997 9:16:00 AM
From: Haim R. Branisteanu	Read Replies (1) of 94695

Old - New?/ U.S.-Japanese port dispute continues Copyright c 1997 Nando.net Copyright c 1997 Reuters WASHINGTON (October 25, 1997 08:22 a.m. EDT nando.net) - The Federal Maritime Commission was unable to reach a compromise with Japanese shipping firms in a marathon meeting it had hoped would settle a bitter dispute over port practices, officials said early Saturday. The failure to reach an agreement was a surprise. Just hours earlier commissioners had said they were very close to a final deal. "There is no resolution," commission chairman Harold Creel told reporters after a nearly 10-hour closed door session. "There are still a number of issues to be resolved." AND ON OTHER MATTERS, Greenspan is scheduled to deliver his next speech on Oct. 29, when he testifies before the Joint Economic Committee of Congress. The Fed said this week the speech was delayed by one day to enable Greenspan to assess additional economic data. Economists have said he may be focusing on next Tuesday's release of the third-quarter unemployment cost index. A Fed spokesman said the chairman was expected to focus on the U.S. economy, but did not elaborate. Fed policy-makers next meet to chart monetary policy on Nov. 12. They last raised interest rates on March 25, when they bumped up the federal funds rate -- which banks charge each other for overnight loans -- by a quarter percentage point to 5.5 percent. Happy Trading Haim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next