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Economy / Interest Rate Hike #630936

NBC Evening News for Tuesday, Aug 24, 1999
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(Studio: Brian Williams) Stock market report given.

(New York: Ron Insana) The raising of the interest rate by the Federal Reserve Board reported. [Bear Stearns chief economist Wayne ANGELL - says there are currently no concerns about inflation.] [Former Federal Reserve governor Lyle GRAMLEY - says there will be little effect from the rate hike.] [Car buyer Peter EPPS - says the hike will not affect his loan much.] [Morgan Stanley Dean Witter Peter CANELO - says the market will grow considerably over the next few years.]

Insana, Ron;
Williams, Brian

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