Tuesday, February 21, 2006 2:15:13 PM
Edited by Paul Vigna Of DOW JONES NEWSWIRES (call: 201-938-5172; e-mail: paul.vigna@dowjones.com) MARKET TALK can be found using N/DJMT
1:55 (Dow Jones) The Fed meeting minutes are due up shortly and it will be interesting to see what they say and how the market receives them. After all, the minutes represent the proceeds of Greenspan's last meeting, and as such, they may be a look back, and not have much to say about the Bernanke era Fed. And in any case, Bernanke told Congress he was upbeat on the outlook and that more rate hikes do indeed lie ahead. (MSD)
DJ MARKET TALK: End May Be In Sight For Rate Hikes
Edited by Paul Vigna Of DOW JONES NEWSWIRES (call: 201-938-5172; e-mail: paul.vigna@dowjones.com) MARKET TALK can be found using N/DJMT
2:04 (Dow Jones) The Fed's meeting minutes signal that at the end of January, policy makers' appetite for rate hikes was clearly winding down, with committee members saying the funds rate "seemed close to where it needed to be." But they were a little worried about inflation, and seemed to agree rates would need to rise again, although they offered little guidance about the amount of tightening needed. (MSD)
DJ MARKET TALK: FOMC Minutes Don't Have Much Effect On Stocks
Edited by Paul Vigna Of DOW JONES NEWSWIRES (call: 201-938-5172; e-mail: paul.vigna@dowjones.com) MARKET TALK can be found using N/DJMT
2:12 (Dow Jones) Stocks are pretty much where they were before the FOMC minutes were released. DJIA down 41 at 11075, Nasdaq Composite down 22 at 2259, S&P 500 down 3 at 1283. (PJV)
Daniel Nieves
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