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To: Barry Grossman who wrote (77416)3/29/1999 9:30:00 PM
From: Paul Engel  Read Replies (1) | Respond to of 186894
 
Barry - Re: "A move towards a change in bias is not going to be reported for what I recall is at least a 6 week delay. This is revealed when the minutes of today's meeting is(are?) released."

You are correct - that had been their practice .

However, I have heard several CNBC reports that they have changed this and now report - shortly after the meeting - whether they have a bias to tighten or loosen interest rates.

I guess we'll find out tomorrow if I'm wrong.

Paul