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To: TheStockFairy who wrote (14495)3/3/2000 4:01:00 PM
From: clochard  Respond to of 42523
 
Friday March 3, 3:52 pm Eastern Time
FOCUS-Fed needs to pull harder on economic brake-POLL
By Svea Herbst-Bayliss

NEW YORK, March 3 (Reuters) - Faced with an economy that shows no signs of slowing, the Federal Reserve may need to raise interest rates at least twice more by summer, Wall Street economists said on Friday.

Already certain the Fed will push up short-term interest rates by a quarter point in March, a growing number of the nation's 30 primary dealers now expect a similar move in May and perhaps another in June.