SI
SI
discoversearch

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.
Technology Stocks : Dell Technologies Inc.
DELL 122.46-8.5%Nov 17 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lee who wrote (122096)5/4/1999 3:48:00 PM
From: Mohan Marette  Read Replies (1) of 176387
 
Atlanta Fed's Guynn sees little inflation threat

Lee:
Here is something interesting from Atlanta.
=============================

ATLANTA, May 4 (Reuters) - Federal Reserve Bank of Atlanta President Jack Guynn said on Tuesday he is so amazed by the U.S. economy's performance recently that he sometimes has to pinch himself when he wakes up in the morning.

Guynn, speaking at a Carter Center Conference on Transparency for Growth in Latin America, said he sees no threat of broad-based inflation pressure in the United States right now.

''The economy is amazing and I pinch myself some mornings when I wake up,'' the Atlanta Fed chief said, referring to the dream-like conditions of strong growth, low inflation and nearly full employment over the past few years.

''It's hard to find the kind of debilitating imbalances and constraints on the economy that you would normally expect to bring it to a very different kind of path,'' he added. ''So far, so good. It's a phenomenal period of time.''

Guynn said he would not be surprised to see a modest rise in inflation this year from higher energy prices.

''But I don't see the makings for broad-based price pressures that get picked up in the measures of inflation at this point. We'll keep watching for it,'' he added.

(Note: this article is ''in progress''; there will likely be an update soon.)

--------------------------------------------------------------------------------
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News