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FOMC Kohn
Posted by Greg Michalowski on Tue, 05/20/2008 - 8:22am in
Another key event will be FOMC Vice Chairman Kohn’s speech at 9:00 AM in New Orleans. He is expected to speak on the US economy. The market will be looking for clues on his feeling on inflation, growth and Fed policy. As the economy has stabilized, future easings have been taken out of the market. Confirmation from Kohn may help support the dollar.