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To: John Hunt who wrote (15785)	5/22/1998 6:13:00 AM
From: John Hunt	Read Replies (1) of 18056

Interview -- Nobelist Samuelson -- Fed should tighten biz.yahoo.com << Nobel Prize-winning economist Paul Samuelson told Federal Reserve Chairman Alan Greenspan last week he should tighten credit now or risk rising inflation down the road. Greenspan clearly did not heed the advice of the first American to win the Nobel Prize for economics, as the Fed kept the federal funds rate unchanged on Tuesday. In a Reuters interview, Samuelson also said U.S. stock prices are too high and Greenspan is afraid to take steps that might cause a massive stock market pullback. >>

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