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May 03, 2005 Tomorrow at the FOMC, Including it's Possible Impact on Stocks |
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Summary It is a virtual certainty the Federal Open Market Committee will announce another 25 basis-point increase in the Federal Funds Rate at the conclusion of tomorrow's meeting. While the FOMC's post-meeting statements always get inordinate scrutiny, the one to be issued tomorrow will get an even closer look! Will the communique be designed to gun the stock market? http://www.gillespieresearch.com/cgi-bin/s/article/id=540
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Douglas R. Gillespie, Sr. Doug Gillespie oversees his own financial-market and economic consulting firm, Gillespie Research Associates. For a complimentary sample of Dougs material, e-mail him at drgillespiesr@aol.com. Copyright © 2004-2005 Gillespie Research Associates. All rights reserved. Image rendition and html coding Copyright © 2000-2009 SafeHaven.com ADVERTISEMENTS
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