Word: mcteer
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Dates: during 2000-2009
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...Some fodder for the advanced Fed-watcher: Wednesday brings speeches on lending from Fed Governor Edward Gramlich and Dallas Fed President Robert McTeer, and Thursday we get the minutes from that mysterious mixed-messages Fed meeting in June. Will the minutes explain why the Fed talked 50 points but only walked 25? Would it really change anything, at this point, if they did? Probably not - but it?ll be fun to pretend. Also Thursday: The Philly Fed issues its quarterly survey of professional forecasters. Interesting if your belief in collective economic sooth-saying hasn?t been completely shattered...
...stubbornly strong growth convinced Robert McTeer, president of the Federal Reserve Bank of Dallas, that larger rate increases may be appropriate this year. McTeer, whose voting term expired last December, had been the only panelist to dissent from Fed tightening in 1999. "I believed, unlike some others, that productivity gains were keeping inflation sufficiently in check," McTeer says. "But as we moved into 2000, the signals from the economy were fairly clear cut. There was little question in anyone's mind that inflationary pressures were building...
...JANET MCTEER was in Velvet Goldmine with Ewan McGregor who was in A Life Less Ordinary with Cameron Diaz who was in The Mask with...