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Technology Stocks : C-Cube Microsystems
CUBE 39.37+0.6%12:19 PM EST

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To: Maya who wrote (134)12/15/1997 2:20:00 PM
From: BillyG  Read Replies (2) of 324
 
Fed says Asia turmoil will have "small, but not negligible" effect on U.S. economy.............

biz.yahoo.com

Analysts said the financial turmoil in Asia, which has rocked regional financial markets and spread uncertainty through money
centers around the world, will likely make a dent in U.S. economic growth in 1998.

The size of such a fissure is yet to be seen. Fed Chairman Alan Greenspan has said the impact of the Asian chaos on the U.S.
economy will be ''small, but not negligible.''
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