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

To: Carl R. who wrote (5469)5/28/1999 8:05:00 AM
From: Wally Mastroly  Read Replies (1) | Respond to of 15132
 
Re: "The Fed's Empty Threat"

>History shows that when the Fed announces a tightening bias, rate hikes usually don't follow<

>Yet -History is no guide<

personalwealth.com



To: Carl R. who wrote (5469)5/28/1999 9:46:00 AM
From: Ian@SI  Read Replies (1) | Respond to of 15132
 
Carl,

Very interesting commentary though unrelated to the legal mandate.

There seems to be some confusion between mandate, powers, role, purpose, things they could do if so inclined, etc.

The mandate is very simple and straightforward no matter how complex the various pundits would like to make it sound.

FWIW,
Ian.


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