Word: feds
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...Fed can take the rest of the summer off," says TIME senior economics reporter Bernard Baumohl, after Thursday?s CPI number confirmed the good news: Inflation is definitely back in the grave. The overall Consumer Price Index was unchanged last month, and the core rate ? which excluded volatile energy prices ?- increased a mere 0.1 percent. Both numbers came in under expectations, yet another assurance that the Fed has absolutely no need to throttle back on the money supply when it meets in August. "In fact, it doesn?t even need to meet," jokes Baumohl. "They don?t even have...
Moved PermanentlyMoved PermanentlyFortune Investor DataPrivately, Alan Greenspan can crow a little. With one eye on the so-called "new paradigm," in which tech-driven productivity gains naturally outstrip price pressures, and the other eye on a shaky Latin America, the Fed chairman isn?t anxious to raise rates. But some of his FOMC colleagues at that big mahogany table have been getting antsy about the Fed?s turning into a paper tiger, kowtowing to the stock market and letting the economy run wild and free. This week?s numbers give Greenspan a perfect reason not to listen. "There?s just...
...where were we? The Fed put the markets at ease on June 30 by shifting back to a neutral bias on rate hikes, and the past two weeks have been just long enough to get everyone back on pins and needles again. Well, never mind. The Producer Price Index for June, which measures inflation before it hits the consumer, actually dipped an unexpected 0.1 percent, reported the Commerce Department on Wednesday. The stock markets, thus relieved anew about Alan Greenspan?s plans for August, did a little jig at the opening bell ? but then took a dive into negative territory...
...Brazil are killing it on exports because their goods are that much cheaper." If Argentina buckles under the pressure and devalues, the whole region will take a beating from the markets. The upside? If Thursday?s Consumer Price Index report holds form, you can bet the farm on the Fed's leaving rates alone in August. "Raising rates would push up the dollar, which would hurt Argentina even more." One less thing to worry about...
...Fed is a place where secrets are kept. In the end nobody knew what it would do. If you sold stocks because you were so wired to the financial world that you feared a Fed action that did not occur, you cost yourself a bundle. The lesson, of course, is that if you have done your homework about your equities and you know what stocks you like and want to own, you can't sweat the Fed's every move...