91. Analysts have been nearly unanimous in predicting that the Fed will soon act to raise interest rates and tighten credit. 92. Before this year the Fed rarely announced decisions to tighten credit, but has issued such statements several times after open market committee meetings this year. 93. Both reports suggest the economy is not overheating, which could lead to aggressive moves by the US Federal Reserves to tighten credit by boosting interest rates. 94. Blue-chip share prices on Wall Street ended the week with a solid gain amid speculation that the Federal Reserve might ease up on plans to tighten credit. 95. But analysts argued that reasons could also be found to tighten credit in the interest of cooling down the economy and heading off inflation down the road. 96. Business is concerned that if the Fed tightens credit too much, it will strangle the recovery rather than keep inflation in check. 97. But bond traders were disappointed that the Federal Reserve took no action Tuesday to tighten credit. 98. But most investors predicted the Fed panel would not tighten credit until its meeting in late January. 99. But he said investors remained concerned that the Federal Reserve, which has already tightened credit several times this year, could do so again in November or December. 100. Central banks had to be ready to tighten credit before inflation began to rise, he said. |