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To: yard_man who wrote (4096)	8/20/1998 9:49:00 PM
From: Investor2	Read Replies (1) \| Respond to of 86076

Re: "The Federal Reserve's policymaking Federal Open Market Committee voted 10 to 1 to retain its assymetric policy directive with a tightening bias at its June 30-July 1 meeting, ..." Ten to one is quite a landslide vote to keep rates unchanged. I wonder what the vote was in August. More layoffs in the semiconductor companies, etc.; worse outlook for emerging markets, SE Asia, and Japan; but great growth in housing and "consumery" things. I guess we'll have to wait a month to know if it was another landslide vote to keep rates the same. Best wishes, I2