Tuesday, August 21, 2007

Market woes alone not grounds for cut: Lacker (Reuters)



Reuters - Recent market turmoil
only warrants a change in interest rates by the U.S. central
bank if it hits the outlook for inflation or growth, Federal
Reserve Bank of Richmond President Jeffrey Lacker said on
Tuesday, noting that price pressures remain a worry.

Source: http://rss.news.yahoo.com

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