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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (10344)2/16/2000 6:40:00 PM
From: clochard  Respond to of 42523
 
Wednesday February 16, 6:17 pm Eastern Time
Fed mustn't have too lax a monetary policy--Moskow
WASHINGTON, Feb 16 (Reuters) - Federal Reserve Bank of Chicago President Michael Moskow said the Federal Reserve must guard against having too lax a monetary policy as this could boost U.S. economic growth above its sustainable level.

''Looking forward, the Fed will need to be careful not to artificially boost growth in demand with an overly accommodative monetary policy,'' Moskow said in prepared remarks to the Japan Center for International Finance & Sumitomo-Life Research Institute International in Tokyo.

His remarks were made available in advance on the Chicago Fed's website at address frbchi.org.




To: Ilaine who wrote (10344)2/16/2000 6:44:00 PM
From: yard_man  Respond to of 42523
 
In a few weeks -- interest rates won't matter --- AGAIN. <VBG>

I think we got better than a 50/50 shot at Luc's sell the no-inflation report tomorrow. Heck, even the bull's know it's nothing but lies now.


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