16 Νοε 2007

FED's Poole comments

  • Casts Doubt On Need For More Rate Cuts

  • Current Forecast Sees Weak 4Q, Then Rebound

  • Calls Current Inflation 'Low And Stable'

  • Optimistic Credit Troubles Winding Down

  • Mortgage Market Trouble Will Take Time To Resolve

  • Fed Must Lead, Not Follow, Markets On Rate Policy

  • Still Does Not Expect Recession

  • Large Banks Withstanding Large Losses

  • New Forecasts Should Help Mkts Divine Fed Reactions