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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Wally Mastroly who wrote (5296)	5/23/1999 11:30:00 PM
From: Ian@SI	Read Replies (1) \| Respond to of 15132

Wally, More growth without Inflation from the Philadelphia Fed. interactive.wsj.com May 24, 1999 -------------------------------------------------------------------------------- Philadelphia Fed Survey Lifts Forecast For U.S. Growth, but Not for Inflation By DAVID WESSEL Staff Reporter of THE WALL STREET JOURNAL WASHINGTON -- Forecasters surveyed quarterly by the Federal Reserve Bank of Philadelphia expect the economy to grow faster this year than they did previously, but they don't expect inflation to be any worse this year. The Federal Reserve Bank of Philadelphia survey is available The median of the 37 forecasts is for the U.S. economy to expand at an annual rate of 3.2% in the current quarter, 2.8% in the third quarter and 2.7% in the fourth; three months ago, they were predicting inflation-adjusted growth rates of 2.7%, 1.9% and 2.4%, respectively. ...