TITLE

Guynn: Funds Rate 'Very Close' to Right

AUTHOR(S)
Siegel, Gary E.
PUB. DATE
May 2006
SOURCE
Bond Buyer;5/2/2006, Vol. 356 Issue 32372, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the statement of Jack Guynn, president of the Federal Reserve Bank of Atlanta, regarding the combination of monetary policy adjustments and sustainable output growth in the U.S. He believes that monetary policy adjustments will help contain elevated inflation pressures. Guynn also expects that the funds rate target is almost at the level where rate hikes will stop.
ACCESSION #
20944743

 

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