Wednesday, June 13, 2007

WRAPUP 1-Fed sees expanding economy, no price pressure rise

(Reuters) - Separately, a Fed official called the rise in U.S. Treasury
debt yields part of a global phenomenon of higher interest
rates and said the Fed would stay focused on fighting
inflation.




"Our job in terms of dealing with expectations or
underlying forces that give rise to inflation impulses will
continue regardless of what happens in the marketplace," Dallas
Fed President Richard Fisher said.


Read more at Reuters.com Bonds News

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