Posted on 06/24/2002 11:15:54 PM PDT by JohnHuang2
Edited on 07/12/2004 3:54:55 PM PDT by Jim Robinson. [history]
Amid cascading stock markets and a lackluster recovery, the Federal Reserve's policymaking committee meets today and tomorrow to discuss the condition of the U.S. economy and to determine whether changes in short-term interest rates are in order. Once the Fed peruses the economy, it's highly unlikely that it will act on the interest-rate front. Nor should it.
(Excerpt) Read more at washtimes.com ...
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