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COPYRIGHT 2005 Voxant Inc.
Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW
BILL GRIFFETH, CNBC ANCHOR: Just yesterday, Chicago`s Federal Reserve Bank President Michael Moskow said that the risk of higher oil prices raising core inflation in this country is higher now than it was a year ago, and that higher interest rates could keep price pressures well contained. His comments are having something of an impact on the bond market so far today. Joining us to talk about what`s going on in the markets and the economy, Eugene Flood is with us today. And he is, of course, the CEO of Smith Breeden Associates, joining us today from Chapel Hill, North Carolina.
Gene, good to see you again. Welcome back.
EUGENE FLOOD, CEO, SMITH BREEDEN ASSOCIATES: Thanks very much,...
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