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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Mike M2 who wrote (69920)11/2/1999 12:34:00 PM
From: Les H  Read Replies (1) | Respond to of 132070
 
From Bonds Online:

Around the same time as the pricing (of the Fannie Mae securities), still-unconfirmed reports circulated that a Washington-based consulting group is forecasting a 25-basis-point hike by the Fed at the Nov. 16 meeting of the Federal Open Market Committee. In addition, some sources say the consultants also look for the Fed to keep its tightening bias towards future monetary policy.