Rupert Thompson
Rupert Thompson
ease expected fears fed might open policy raise rates soon time
He (Greenspan) is expected to try to dampen fears that the Fed might raise rates any time soon and also try to keep open the possibility that the Fed might yet ease policy further.
drifting focus hold market resolution start successful underlying war weak
The market will hold on to most of its gains, but it should start drifting down once the focus shifts away from a successful resolution to the war and on to the weak underlying economy.