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Economy - Friday (Investor's Business Daily)

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03-24-2007, 07:54 AM

Gurmastak Singh Gurmastak Singh is offline

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Join Date: Feb 2007

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Economy - Friday (Investor's Business Daily)

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Investor's Business Daily - "The last couple of months' numbers are not encouraging," Philly Fed President Charles Plosser said, noting the latest data haven't backed earlier signs that inflation was waning. He repeated the Fed's need to remain vigilant, and continue its current wait-and-see stance. Plosser is generally viewed as among the more hawkish Fed officials when it comes to fighting inflation.

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