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Us Fed Meet This Week To Weigh Risky Rate Rise

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Last Updated : Sep 23 1996 | 12:00 AM IST

On the other: the so-called doves, mostly political appointees on the Fed board in Washington, who question whether rates should be raised when the economy is slowing.

There is a fundamental point of contention about how the economy's working, said James Annable, chief economist at First National Bank of Chicago. It's a debate about how fast the economy is growing and what it means to have an unemployment rate at 5.1 percent. A slim majority of economists polled by Reuters last week

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First Published: Sep 23 1996 | 12:00 AM IST

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