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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: $Mogul who wrote (48809)12/21/1999 2:18:00 PM
From: VINCENT MALGAPO  Respond to of 108040
 
WOW Neutral Bias, next month will be HUGE!



To: $Mogul who wrote (48809)12/21/1999 2:20:00 PM
From: GraniaO  Respond to of 108040
 
:-)Neutral Bias...



To: $Mogul who wrote (48809)12/21/1999 2:21:00 PM
From: Bryan  Respond to of 108040
 
BLAST OFF !!!!!
WASHINGTON (Dow Jones)--The Federal Open Market Committee ended its final meeting of the century without raising interest rates, but surprised financial markets by maintaining its neutral stance toward future policy moves.

Based on the available evidence, however, the Committee remains concerned with the possibility that over time increases in demand will continue to exceed the growth in potential supply, even after taking account of the remarkable rise in productivity growth. Such trends could foster inflationary imbalances that would undermine the economy's exemplary performance.
Nonetheless, in light of market uncertainties associated with the century date change, the Committee decided to adopt a symmetric directive in order to indicate that the focus of policy in the intermeeting period must be ensuring a smooth transition into the Year 2000.

Have fun!

B