LA Times - "Rate Pause Likely -- but Then What?" (8-6-06)
"Unless Federal Reserve policymakers want to risk triggering the equivalent of a major earthquake in global financial markets Tuesday, they will finally halt their two-year-long credit-tightening campaign."
"But the glee that the idea of a Fed pause generated in the U.S. stock market say, three months ago, is missing now. Many investors seem fearful that the central bank has gone too far with interest rates."
Sunday, August 06, 2006
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