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Article: News In Brief.
- Article from:
- The Bond Buyer
- Article date:
- May 23, 2000
CopyrightCOPYRIGHT 2000 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Personal Income, Spending to Be Eyed NEW YORK -- With the Federal Reserve's 50-basis-point rate tightening now old news and the Federal Open Market Committee's March meeting minutes released, the week ahead offers a blank slate where the response to the recent Fed action will be written. Economists are asking whether sharp rate tightenings will slow the economy, or will be so ignored by the markets that the Fed will attempt to make itself heard through further rate hikes. "The basic question remains: Can data give a hint about Fed tightening?" said Peter Kretzmer, senior economist at Banc of America Securities in New York. There are five economic indicators on the ...