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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: bearshark who wrote (14245)	5/17/1999 8:10:00 PM
From: Investor2	Read Replies (2) \| Respond to of 99985

Re: "Specifically, the Committee would do so on those occasions when it wanted to communicate to the public a major shift in its views about the balance of risks or the likely direction of future policy. Such announcements would not be made after every change in the symmetry of the directive, but only when it seemed important for the public to be aware of an important shift in the members' views." Maybe that's another way of saying this: "We will announce a shift in our bias if we'd really like to head off inflation but we're afraid that a raise in rates would cause too much instability in the world financial markets." Best wishes, I2