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Federal Reserve Board to Discuss Steps to Help Stop Slowing Economy.(Knight Ridder/Tribune Business News)
Knight Ridder/Tribune Business News, December, 2000 by Dodge, Robert
Dec. 19--WASHINGTON--Most economists agree that Alan Greenspan and his fellow policymakers are poised to react to the slowing economy. But exactly what they will do is a mystery.
When the Federal Reserve Board chairman and his team meet Tuesday, analysts say, they may cut interest rates. Or they might settle for signaling that they'll lower rates next month.
"It is going to be a very intense discussion," said Lynn Reaser, chief economist and senior market strategist at Banc America Capital Management Inc. in St. Louis.
At issue: How fast is the economy slowing? And how quickly does the central bank need to cut interest rates to keep a mere moderation in growth from turning into a full-fledged recession?
"There is some internal debate...
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