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.
Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (417)7/21/2000 10:33:51 AM
From: MrGreenJeans  Read Replies (1) | Respond to of 10065
 
GDP Objective

I think his goal is 3% - 3.5% but knows he can't get it this year on average.

The average GDP over the next two years as stated by his testimony, by averaging out the lower GDP and upper GDP ranges-crude analysis, yes I know, seems to indicate a GDP average of 3.63% to 4.13% closer to 4% than the 3% to 3.5% you site.

If his goal was the lower target over the two year period he would have to continue raising rates starting in August.