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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: marc ultra who wrote (6412)	6/30/1999 2:20:00 PM
From: Wally Mastroly	Read Replies (1) \| Respond to of 15132

A quarter point - first report - CNNFN - biased removed? The Federal Reserve raised short-term interest rates a quarter-point Wednesday and signaled it was not leaning toward another rate increase anytime soon. The move sent stocks and bonds sharply higher. cnnfn.com Headlines: 14:19 FED SAYS ECONOMIC ACTIVITY MOVING FORWARD AT BRISK PACE. 14:18 [$COMPQ] NASDAQ UP 6 POINTS AFTER FED INTEREST RATE NEWS. 14:18 FED SAYS MUST BE ESPECIALLY ALERT TO INFLATION. 14:18 FED SAYS PRODUCTIVITY GROWTH CONTAINING INFLATION. 14:16 FED: NO CHANGE ON DISCOUNT RATE FED: BIAS CHANGES TO NEUTRAL usatoday.com