lect11 - d- Vcabé‘ I?) 0 fif/Jfiuv/ {45:62 0 £556.92...

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Unformatted text preview: d- Vcabé‘ I?) 0 fif/Jfiuv/ {45:62 0 £556.92 U “I fic'o’ue-z R «ad/v r flank/:43 5/06/45 0 MOfl o1r eful/u‘émalm r‘ ‘ a Dial] mm 1 19, 2001 to is, , thchanged." 3hr classes on five campuses DOI'fll Chenoweth III fDispalch lents is difi'icult. lolars ’ 'aises ation Warmer High 52 /Low 32 Details / GB 50 CENTS Senators put 1 heat on Fed to push down interest rates Greenspan ’s panel will meet Tuesday to discuss the issue By Ron Kampeas Associated Press WASHINGTON — Democratic and Republican lawmakers ratcheted up the pressure on the Federal Reserve to lower interest rates to stimulate the lagging economy. “People’s confidence is shaken. Their ability to plan hous- ing and automobiles, their savings, their retirements, are al- tered,” Sen. Robert Torricelh’, D—N.J., said yesterday, after a week in which the Dow Jones industrial average declined 821.21 points. “It would be inconceivable to me if the Federal Reserve did not respond this week by lowering interest rates,” he said on Fox News Sunday. “It would be outrageous. And I trust the Fed has that mes- sage." The Fed’s policy-making Open Market Committee meets Tuesday. Analysts are suggest- ing a reduction of at least one- _ 7 ' half of apercentage A Stock market has Torricelli said he expects a put pressure on Chairman half point out Sen. Don Nickles, {‘lan;Greenspafl ‘0 Elli R—Okla, told Fox he wanted at Intel!“ Fates When the minimum three-quarto of a. Fedfifal Reserves Open ' ' “- - - -- 'w ~' Hm Market Committee meets m0 ,3 Mgméai p ,4; (flag; W gankt’: =/7e»/(.S fr”! (an Frmewgd :0. V141 crsab'f‘, fa éx%5:7_tz flwé/L'C Aa/pé “HM/fl a! 1”!" Joe; not! AM 50 40M cammc/féz rFSEru-M. flax/4 23> {zwszzflim Ewe $.22 {5:647 Geoff Mk‘t‘ {Zn/('54.. «34 M; o 6,...447 M) /46’Z avert-0 a 552:0, rm flaw/64 ova—u [7"? {a exgaw] Ac»: 0! t1": Ax «xv-wk?“ ‘9 ‘43 ’ Cadmw: won” él-vb {a awn-o?" Ava—a 2‘0 0““; rpxp,m. 05%: Add. / Mex-4&wna’n fl 6’ 4 .4), re :11 film My 7" MI>M0 Alz’uctzt'7‘7 0P I} move o’awn D noZ‘ mpzr); __L__4__*_F—n ' MIA Fé "paw/7 . 6% V? [In fig. .z’n. 4R) V' [344.4419 ’0. mp ¢ {It‘d/aw £4 ’4‘? (la/46:3 "co-a“) Lu“ {f 5/ trier 1‘: firmcup—d‘ Vflfl’nu 7 r I Pernan ¢,—.:f ,;cr6t- 5-2 M .3 AM/fl $.25 rf‘)fi’)‘ 4a: ware, raw ée/ow mac: R“ V‘ < )6 FVMGMV'“ “» 4'— > MD firmAnC-lf ’9 77- ,77,“ Kqup-J; —=-; 0cm éauma/ed 77’ 6”” 7"") e—-> VJ 0.: 74¢) anr)? A eVfin Ar/Pr- raw4wa7 77" ...
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This note was uploaded on 07/17/2008 for the course ECON 520 taught by Professor Ogaki during the Fall '07 term at Ohio State.

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lect11 - d- Vcabé‘ I?) 0 fif/Jfiuv/ {45:62 0 £556.92...

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