Tuesday, 17 July 2007

Fed's Hoenig-workforce growth in process of change

(Reuters) - The Fed bank president, speaking to a group here also
cautioned that monetary policy cannot determine potential
growth rates.




"It cannot change the long-run growth rate," said Hoenig,
who is a voting member this year on the Federal Reserve's
interest rate-setting committee.


Read more at Reuters.com Bonds News

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