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The Journal interpreted that to mean that the two would not support a further easing of credit.
This in turn will make any further Fed easing of credit unlikely for the foreseeable future."
A16 Stock prices rebounded strongly amid the international easing of credit.
The easing of credit in the late 90's and 00's can also be traced to a declining return on investment properties.
A few years ago, such an easing of credit terms would have aroused talk of an increase in defaults for the banks.
A big stimulus to higher prices, and to investor confidence, has been the Federal Reserve's aggressive easing of credit to spur economic growth.
Three members of the Federal Reserve Board reportedly favor an easing of credit.
It would now take exceptionally weak May job data, to be reported Friday, to prompt a near-term easing of credit, these analysts added.
Markets The Treasury securities market was buffeted by price swings, with dealers citing confusion about the Fed's easing of credit.
"An easing of credit costs, including mortgage rates, at that time would help the depressed housing industry just when a seasonal rise in shopping for new homes starts."
Those who are betting on a mild recession are hoping that the Fed's continued easing of credit and a stimulative fiscal policy will get the economy moving.
While the tax cut certainly did lift demand and thereby stimulate the economy, this job might have been better done through an easing of credit by the Federal Reserve.
Still, some market participants said the retail sales numbers might have been strong enough to persuade the Federal Reserve Board to delay any further easing of credit policy.
Further easing of credit by the Fed would thus be unlikely, Mr. de Vries said, because it could overstimulate the economy and raise the inflation rate.
The easing of credit, which was signaled on Thursday by Alan Greenspan, chairman of the Federal Reserve, heartened investors.
At the same time, the expectation of lower interest rates in the United States was reinforced by a small easing of credit by the Federal Reserve.
A decade ago, he faced the same problem, which led to a lot of talk that the Fed's sharp easing of credit then amounted to "pushing on a string."
This slight increase in short-term interest rates may indicate that the fixed-income market believes that Federal Reserve may not be interested in further easing of credit.
An emerging worldwide shortage of capital may help to explain the fact short-term rates have plunged while long-term ones have not, despite the Fed's repeated easing of credit.
Some dealers said, however, that an easing of credit had already been largely worked into prices and that the dollar would continue the advance it has been staging since February.
Dealers said the Fed's piecemeal additions of reserves this week was probably aimed at avoiding any misinterpretation that its actions represented an easing of credit or policy change.
The widely anticipated move, designed to stimulate economic growth through increased exports, included the easing of credit restrictions and the provision of increased funds to assist with capital investment.
Mr. Kellner and other Fed watchers also pointed out that the Federal funds, or basic overnight lending, rate has been heralding an easing of credit for several weeks.
Credit Easing The loans announced today, in an article in the official China Daily, are part of a moderate easing of credit that began late last year.
Mr. Fish favors Federal assistance in expanding new technologies and exploring new global markets, as well as simplifying the paperwork required of business and easing of credit.