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To: Wally Mastroly who wrote (5707)6/9/1999 2:38:00 PM
From: Wally Mastroly  Read Replies (1) | Respond to of 15132
 
Mixed messages from the Minny FED guy:

14:15 FED'S STERN: PROTECTIONISM WOULD BE A MISTAKE.

14:15 FED'S STERN: COMPETITIVE MARKET HELPS PRODUCTIVITY GROWTH.

14:15 FED'S STERN: DEMAND IN THE US REMAINS STRONG.

14:15 FED'S STERN ON CPI: AVOIDS GETTING CAUGHT IN 1 MONTH'S STATISTICS.

14:15 FED'S STERN: OPEN DEBATE WHETHER RECENT PRODUCTIVITY GAINS ARE LONG TERM.

Alert: Stern Says Current U.S. Interest Rates Not Restraining Demand Much - Reuters - Wed 2:15pm

Alert: Ny - Minneapolis Fed's Stern Says No Decision Yet to Act on Tightening Bias - Reuters - Wed 2:15pm