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To: edamo who wrote (131496)	6/7/1999 6:53:00 PM
From: jttmab	Read Replies (1) \| Respond to of 176387

Probably more than you wanted to know...Interesting reading.. woodrow.mpls.frb.fed.us Best Regards, Jim

To: edamo who wrote (131496)	6/7/1999 8:22:00 PM
From: Lee	Read Replies (3) \| Respond to of 176387

Ed,.Re:. inflationary pricing due to demand?.. Ed, I didn't reply to your answer a few days ago because it was obvious that you already had your mind made up about demand. But since you've raised the question again, maybe you'd like to peruse the following news items. Monday June 7, 3:07 pm Eastern Time U.S. house prices rose at 4.3 pct annual rate in Q1 biz.yahoo.com Friday June 4, 5:57 pm Eastern Time Fed has solid case for June rate hike -- analysts biz.yahoo.com ''The fact we've seen strong demand growth, an increasingly tight labor market reflected in the declining unemployment rate to 4.2 percent and accelerating average hourly earnings point to a Fed tightening move at the upcoming meeting,'' he added. Thursday June 3, 9:44 am Eastern Time Richmond Fed's Broaddus worried demand too strong biz.yahoo.com RICHMOND, Va., June 3 (Reuters) - Federal Reserve Bank of Richmond President Alfred Broaddus warned on Thursday U.S. domestic demand has been excessively strong over the past year and could overheat the economy, forcing the central bank to react. Tuesday June 1, 5:29 pm Eastern Time Air fares rise as top airline rivals raise prices biz.yahoo.com The increases apply to leisure travel in the 48 states on tickets bought seven, 14 and 21 days in advance, but do not affect business travel, known as ''walk-up'' fares. Regarding your comments about the AG being a god, you are the only person I've heard call him that in the 7 years I've been closely following monetary policy. So I would gather from your remarks that you hold some kind of grudge with the Fed in general and AG in particular. Me thinks thou doth protest too much! <g> Regarding your comment about giving the same speech. If you look at the audience for each speech, you'll see that it was entirely appropriate. bog.frb.fed.us April 16, 1999 Chairman Alan Greenspan Technology and trade Before the Dallas Ambassadors Forum, Dallas, Texas June 2, 1999 Chairman Alan Greenspan Trade and technology Before the Alliance for the Commonwealth, Conference on International Business, Boston, Massachusetts Cheers, Lee PS - I can provide more links citing demand if required.