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Article: Chicago Tribune Market Report Column.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- February 14, 2001
CopyrightCOPYRIGHT 2001 Knight-Ridder/Tribune Business News. 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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By Bill Barnhart, Chicago Tribune Knight Ridder/Tribune Business News
Feb. 14--First, Clinton fatigue. Are we headed toward Greenspan fatigue?
Investors hoping for another fix from Federal Reserve Board chief Alan Greenspan were disappointed Tuesday.
Stocks, bonds and even the euro fell after Greenspan said that the U.S. economy was not in recession and probably would not slide into recession this year.
As a result, chances eroded for another round of short-term interest rate cuts this month by the Fed.
Economists said late Tuesday that the Fed is unlikely to take up the subject of interest rate policy until the next ...