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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (37739)10/3/2000 2:19:07 PM
From: michael97123  Read Replies (1) | Respond to of 70976
 
The Fed does nothing, no change in rates or bias. They are (still) more worried about tight labor markets causing
inflation, than about the possibility of a hard landing next year.

How does this fed view jibe with increasing the money supply over the past few months. Jawboning on inflation while silently pumping money into the system perhaps in order to prevent hard landing????



To: Jacob Snyder who wrote (37739)10/3/2000 2:20:27 PM
From: michael97123  Respond to of 70976
 
The market actually has declined on Fed news so some folks were looking for a surprise. Key close coming today. We need an "inspite of Greenspan" rally.