sourec: Sina Finance YORK September 23 evening news,

Atlanta Fed President Lockhart said on Monday that the U.S. economy is losing some momentum, which requires creative leaders to help regain growth momentum.

Lockhart in New York, said the data showed the U.S. economy is slowing employment growth, fewer companies to increase their employees, less employee resigns in search of better job opportunities. In addition, labor productivity in recent quarters have also been weakened.

Lockhart said he believes the trend in productivity growth slowdown will be temporary, but he pointed out that many economists are more pessimistic about the economy's pace of innovation. He said the creation of the new company will eventually slow down.

Lockhart said the power loss is partly due to the recent recession and slow recovery concerns people. He was a review of monetary policy, except to say that the Fed " can help provide modest favorable interest rate environment to stimulate faster economic recovery," and help other policy decisions take effect. (Iron)

TODAY?S HEADLINE

TAPERING: FED SEEN PLAYING BAIT‐ AND‐ SWITCH GAME

The Dow surged to as high as 15,700 a

Bernanke's apparent change of heart on the

gradual retreat from quan

Reserve president James Bullard said that the decision not to taper

was a " close call" , adding that he would not be surprised if the board

made its move at the next mee

Bernanke both noted that the swing vote in the policy

board's decision would go to economic data.

That raises the stakes on data this week, which include reports on

factories, home prices and home sales. The housing market data is

par

largely because of weak July home

The housing market is s

consumer economy, providing employment, a store of wealth, and a

market for raw and processed goods.

The Fed's assump

would almost certainly be repeated in the case of a taper" had

crimped demand for homes and cost builders their jobs. If this

week's reports show that home prices con

that demand for new homes revived in August, the Fed board might

feel more con

central bank support in six weeks. With the seasonal strength of the

market in the fourth quarter, the outlook should be bright for stocks.

One reason to expect more vola

communica

Dissenters such as Dallas Federal Reserve president Richard Fisher

insist that Mr Bernanke presides over a uniquely civil, non

data

be done with s

per cent. With unemployment now at 7.3 per cent and the

gradual

retreat not yet even begun, this now looks unlikely.

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