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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Jack Colton who wrote (42081)5/18/1999 3:36:00 PM
From: kathyh  Respond to of 90042
 
or wait for someone to tell them tonight on cnbc or their evening news... <ggg>

kathy :)



To: Jack Colton who wrote (42081)5/18/1999 3:41:00 PM
From: Aj-Ruk  Respond to of 90042
 
Re: "Tightening the bias"
Interesting comments on CNBC earlier today regarding this topic.
In the 25 most recent Fed meetings, the Fed has commented that their bias was tightening. Of the those 14 times only once, I believe in 1997, did they ever raise interest rates.

So what is the significance of today's comments. Probably ZERO.