The ruling leaves the immediate question of Elian's custody back in the hands of the Justice Department. Reno is free to send marshals in to get the boy and reunite him with his father, but the court's decision may make it politically harder for her to order action because the Little Havana community believes it has won a big victory, and could become even more volatile if the feds try to remove Elian from Miami.
Quotes about feds (16 Quotes)
With Jack Abramoff under indictment, a number of readers have suggested that now he might flip and try to offer the feds some figures higher up the food-chain.
We are not seeing a huge impact on the DAX ahead of the Fed's decision tomorrow, but foreign investors had bought into the idea of reform and the risk is that they will unwind their overweight positions, which would be negative for the euro.
Attention will be focused on the statement that follows the 215 p. m. ET rate announcement, as it will give us a better indication on the Fed's future course of action. Noteworthy is that the tendency has been for the market to rally ahead of the Fed meeting and to sell-on-the-news after the announcement, ... While the market is advancing, it is on light volume due to this being a Monday in the slow month of August in front of tomorrow's economic policy uncertainty.
Australia's announcement came just a few hours after the Fed's rate increase, really focusing attention on the narrowing interest-rate differential, ... The Reserve Bank will leave rates on hold for a long time ahead and the U. S. will go again in December. That's a negative for the currency.
I think we have to wait until 2002 for the Fed's rate cuts to take hold and stocks generally move ahead of the economy,
At a minimum, the (Fed's policy panel) can and should aspire to policy statements that are clear and do not themselves create uncertainty and ambiguity,
The Federal Reserve's participation in the Image Payments Network, along with the participation of an increasing number of banks, reinforces the fact that image exchange is no longer a vision, but rather a real strategic opportunity to streamline operations and reduce costs. The Fed's ability to send images through the Image Payments Network will accelerate the movement toward image exchange and underscores the important role that the Image Payments Network is playing in this new era of digital check images.
This tells me the Fed is correctly looking forward, looking at the risk of consumers pulling back in spending because stocks have fallen. They're working in anticipation of that to make sure the U. S. economy does not slip into recession. I'm very encouraged by the Fed's action.
And you know, I said yesterday, you know, you know, if they're not going to - if the feds aren't going to do their job, well, then, I'm up to suing the feds to make them do their job! I mean, they sued Arizona, you know, we can sue them back! I mean, they're not - they're not enforcing the laws!
The sad thing is, when it comes to diet, is that even when well-intentioned Feds try to do right by us, they fail. Either they're outvoted by puppets of agribusiness, or they are puppets of agribusiness.
Bond investors are discounting a slowing economy in the months ahead. Equity investors see a rebound ahead, and that instead of acting as a brake on the economy, the Fed's continuing hawkish stance is likely to serve as a sign that all is well, ... If you ask me, it sounds like at least one group of investors has been smoking something.
I don't think you can assume the Fed's tightening cycle is done,
This couldn't have come out at a worse time, because we have the new Fed chairman testifying tomorrow. It will raise anxiety over the Fed's interest rate outlook.
As usual, financial shares reaped the biggest benefits from the Fed's action. That's the group that sprang today, ... Those that have really been clobbered were strong, up 3, 4, and 5 points today.
The Fed's action seems to represent one final bold move in this cycle,