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hettygreen

06/12/06 4:27 PM

#8165 RE: QuickTrade #8143

WASHINGTON (Reuters) - Federal Reserve Board Governor Susan Bies said on Monday U.S. interest rates were now in the "range" of where they needed to be, but said she could not say for certain where Fed rate hikes would stop.

"If you asked me today, 'Sue, where are you going to stop?' I couldn't tell you, because we're in the range that we need to be, I think," Bies said in answer to a question after speaking on banking issues to the Financial Women's Association.


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hettygreen

06/12/06 4:28 PM

#8166 RE: QuickTrade #8143

Greenspan could say the same thing and not sound so awful...."I think"..how mundane :(

WASHINGTON (Reuters) - Federal Reserve Board Governor Susan Bies said on Monday U.S. interest rates were now in the "range" of where they needed to be, but said she could not say for certain where Fed rate hikes would stop.

"If you asked me today, 'Sue, where are you going to stop?' I couldn't tell you, because we're in the range that we need to be, I think," Bies said in answer to a question after speaking on banking issues to the Financial Women's Association.