28 Σεπ 2007

FED's Poole comments

  • Unclear Whether Housing Woes To Hurt Consumption
  • Markets Shouldn't Assume More Rate Cuts To Come
  • Inflation Figures Moving In The Right Direction
  • Doesn't Foresee 'Draconian' Decline In Household Wealth
  • Aware Of Possible Employment Report Anomaly
  • Fed Needs To Keep Open Mind About Policy
  • Sees Tentative Resumption Of Normal Market Practices
  • Fed Needed Markets To Return To Orderly Trading
  • Evident Many Mkts Weren't Functioning Before Cut
  • Mkt Was Going To Be Surprised By Rate Cut
  • Fed Could Have Cut Even Given Strong Aug Payrolls