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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (245058)	6/11/2003 12:59:33 PM
From: MythMan	Read Replies (2) \| Respond to of 436258

don't need a rate cut. just have the gubberment buy spoos.

To: Lucretius who wrote (245058)	6/11/2003 1:12:30 PM
From: who cares?	Respond to of 436258

Todays FED pearls of wisdom, with i'm sure more to come. 11:00 FERGUSON SAYS JAPAN'S BANK PROBLEM `DAMAGING' TO ECONOMY 11:00 FERGUSON SAYS JAPAN'S RATE CUTS IN EARLY 1990S WERE `TOO SLOW' 11:00 FERGUSON SAYS U.S. BANKING SYSTEM IN BETTER SHAPE THAN JAPAN'S 11:00 FERGUSON SAYS `TENOR' OF MARKETS HAS IMPROVED `NOTICEABLY' 11:00 FERGUSON SAYS PRODUCTION, EMPLOYMENT DATA ARE `DISAPPOINTING' 11:00 FERGUSON SAYS `CONSIDERABLE UNCERTAINTY ATTENDS' U.S. ECONOMY 11:00 FERGUSON SAYS `PREVENTING DEFLATION' BETTER THAN REVERSING IT Meanwhile across the pond 10:54 ECB's Welteke Says European Growth May Not Reach 2% Until 2005 10:49 ECB'S WELTEKE SEES EURO-12 INFLATION SLOWING FURTHER 10:49 ECB'S WELTEKE SAYS EURO-12 GROWTH WON'T REACH POTENTIAL IN '04 10:49 ECB'S WELTEKE SAYS FURTHER RATE CUT DISCUSSION IS SUPERFLUOUS 10:49 *ECB'S WELTEKE SAYS LIQUIDITY SUFFICIENT FOR EURO AREA GROWTH