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To: slipnsip who wrote (5347)	6/10/1998 11:03:00 AM
From: Candle stick	Respond to of 164684

GREENSPAN...."a rate hike may become necessary...."

To: slipnsip who wrote (5347)	6/10/1998 11:05:00 AM
From: Candle stick	Read Replies (1) \| Respond to of 164684

Greenspan says U.S. may have to raise rates WASHINGTON, June 10 (Reuters) - Federal Reserve Chairman Alan Greenspan said on Wednesday the central bank might have to raise interest rates if demand in the surging U.S. economy failed to abate noticeably. In widely watched testimony to Congress, the world's most powerful central banker noted however that the Fed had not yet seen reason to tighten monetary policy but was watching inflation pressures closely. MORE Rtr 11:03 06-10-98