Sunday, February 24, 2008

Economy - Friday (Investor's Business Daily)



Investor's Business Daily - Price pressures could build even if the economy slows further, said Dallas Fed chief Richard Fisher, who voted against the central bank's half-point 14terest-rate cut Jan. 30 due to inflation fears. U.S. growth is "anemic" but the economy should avoid a recession, Fisher said. He questioned "whether inflation expectations are well anchored."

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