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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: MileHigh who wrote (6531)	2/21/2000 7:09:00 AM
From: Lee	Read Replies (1) \| Respond to of 24042

MileHigh,..Re:.In the past 5 years (or something close to that) the members as a whole HAVE NEVER voted against Mr. Green Jeans. August '99 FOMC bog.frb.fed.us To promote the Committee's long-run objectives of price stability and sustainable economic growth, the Committee in the immediate future seeks conditions in reserve markets consistent with increasing the federal funds rate to an average of around 5-1/4 percent. In view of the evidence currently available, the Committee believes that prospective developments are equally likely to warrant an increase or a decrease in the federal funds rate operating objective during the intermeeting period. Votes for this action: Messrs. Greenspan, McDonough, Boehne, Ferguson, Gramlich, Meyers, Moskow, Kelley, and Stern. Vote against this action: Mr. McTeer. November '98 FOMC bog.frb.fed.us In the implementation of policy for the immediate future, the Committee seeks conditions in reserve markets consistent with decreasing the federal funds rate to an average of around 4-3/4 percent. In the context of the Committee's long-run objectives for price stability and sustainable economic growth, and giving careful consider- ation to economic, financial, and monetary developments, a slightly higher federal funds rate or a slightly lower federal funds rate would be acceptable in the inter- meeting period. The contemplated reserve conditions are expected to be consistent with some moderation in the growth in M2 and M3 over coming months. Votes for this action: Messrs. Greenspan, McDonough, Ferguson, Gramlich, Hoenig, Kelley, Meyer, Ms. Minehan, Mr. Poole, and Ms. Rivlin. Votes against this action: Mr. Jordan. Regards, Lee