SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Zoltan! who wrote (112932)5/26/2000 10:52:00 AM
From: Alighieri  Read Replies (3) | Respond to of 1579778
 
However, the Clintonite Gang of Three -- Laurence Meyer, Roger Ferguson and Edward Gramlich -- insisted on a 50-basis-point hike. Greenspan apparently decided to switch rather than fight.

This comment is difficult to reconcile. Why would Clinton appointees, presumably Democrats at heart, want to create an economic disruption during an election year?

Al



To: Zoltan! who wrote (112932)5/26/2000 2:11:00 PM
From: tejek  Respond to of 1579778
 
http://www.cnbc.com/commentary/commentary_full_story_Markets...

Zoltan,

Thanks for the link.

Just for the record, L. Kudlow, the CNBC journalist, has felt for some time that no more raises are needed. I also agree with the notion that AG is being pressured by other more hawkish governors to raise rates, one of the negatives of action by committee.

ted