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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (10757)	11/9/1998 4:55:00 PM
From: Cynic 2005	Read Replies (2) \| Respond to of 86076

Feds have all bases covered! -g- << Monday November 9, 4:25 pm Eastern Time Note: this article has a followup with more information. INTERVIEW-Rivlin sees substantial U.S. slowdown WASHINGTON, Nov 9 (Reuters) - Federal Reserve Vice Chairwoman Alice Rivlin warned on Monday the U.S. economy was slowing considerably because of turmoil in the global economy, but stopped short of predicting a recession next year. In an interview with Reuters, Rivlin said the extreme stress in U.S. financial markets that caused the central bank to cut official interest rates twice in the past six weeks had subsided somewhat, but she cautioned that the situation was still cause for considerable concern. >>