Fed: Economy Can Absorb Katrina Shock

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00001627-fed-economy-can-absorb-katrina-shock/

The U.S. economy can weather the aftermath of Hurricane Katrina because the Federal Reserve will not repeat the mistake of the 1970s of allowing an energy shock to fuel inflation expectations, a top Fed official said Friday.

For this complete story, please visit US economy can absorb Katrina shock-Fed’s Lacker.

Fed: Economy Can Absorb Katrina Shock

Unknown Author

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