NEW YORK, June 21 /PRNewswire/ -- With the economy still showing signs of
slow growth, even after five half-percentage-point rate cuts this year by the
Federal Reserve Board, will the Fed decide to lower interest rates again in
its sixth attempt to jump start the economy when it meets next week?
The Bond Market Association's Economic Advisory Committee, comprised of
noted economists from leading financial firms, will address that question and
others when it issues its consensus forecast of inflation, interest rates and
other key economic benchmarks on Tuesday, June 26 at 10 a.m. The forecast
comes one day before the Federal Open Market Committee (FOMC) meets to decide
short-term interest rates.
The semi-annual projections will be unveiled by William Dudley, director
of U.S. economic research at Goldman, Sachs and Co.
Media interested in obtaining the committee's forecast for the economy and
the U.S. financial markets are invited to attend a press conference in the
Association's Washington, D.C. office.
WHO: The Bond Market Association's Economic Advisory Committee
WHAT: Economic Outlook Announcement; Mid-Year Forecast
WHEN: Tuesday, June 26, 10:00 a.m.
WHERE: The Bond Market Association
1399 New York Avenue, N.W. - 8th Floor
Washington, D.C. 20005
CONTACT: Press interested in participating should contact
Michael Dorfsman at 212-440-9426 or Myra L. Dandridge at
202-434-8421 for further information.
SOURCE The Bond Market Association
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Related links:
http://www.bondmarkets.com
CONTACT:
Michael Dorfsman, 212-440-9426, or Myra L.
Dandridge, 202-434-8421, both of The Bond Market Association
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