Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Fidelity Funds -- Ignore unavailable to you. Want to Upgrade?

To: Julius Wong who wrote (1266)	8/9/2003 2:41:58 PM
From: Julius Wong	Respond to of 11457

Fed Questioned After Bond Market Rout WASHINGTON (Reuters) - The blame game in the wake of the bloodiest U.S. bond market rout in nearly a decade is in full swing and many of the fingers are pointed at the Federal Reserve. Accusations are flying that the central bank overplayed its concerns on deflation in a manipulative effort to push long-term interest rates lower to goose the economy. Now the Fed has been "caught out" -- as Melvyn Krauss of the Hoover Institution put it in an opinion piece in the Wall Street Journal on Friday -- some argue its credibility has been damaged. reuters.com