Greenspan pledges Fed readiness to combat deflation risk
Federal Reserve Chair Alan Greenspan told the Joint Economic Committee the Fed will do whatever is needed to avert deflation and stimulate growth. With the federal funds rate at 1.25 percent, he cited tools including long term Treasury purchases to lower longer term rates.
MENTIONED IN THIS ARTICLE
Greenspan
Fed
Washington
Federal Reserve
Alan Greenspan
Congressional
Congressional Joint Economic Committee
Central Bank
Treasury
Greenspan warns deflation risk but Fed not out of ammo
Alan Greenspan cautioned that deflation remains a threat but not an imminent crisis and pledged that the Federal Reserve can still deploy monetary tools. He cited Japan's prolonged weakness as a lesson while noting economists neglected deflation risks after moving away from the gold standard.
MENTIONED IN THIS ARTICLE
United States
Federal Reserve
Greenspan
Fed
Japan
Rural Stanton County schools debated closure options
At a meeting Nina Sipes and Leiker weighed closing Big Bow and Manter schools against alternatives. Declining enrollment threatens state aid but officials insist staff retention and local sentiment guide any decision, with no timeline set. Rhonda Westeman notes tight community bonds and the value of small classes amid dwindling student numbers.
MENTIONED IN THIS ARTICLE
Nina Sipes
Manter
Sipes
Leiker
Big Bow
Johnson
Board of Education
Stanton County
Rhonda Westeman
Westeman
Dorothy Sponsal
Sponsal
Mary Street Closures As Bypass Construction Proceeds
John Humphreys reports project near his store. half mile Mary Street east of the bypass closed to through traffic. Kansas Avenue bypass delays during peak hours with ramp traffic detours. Mary Street west to Campus Drive remains open with limited access. finish expected in early August.
MENTIONED IN THIS ARTICLE
John Humphreys
Mary Street
Cottrell
Kansas Avenue
Campus Drive
Isolated case of mad cow disease sparks cautious optimism
Kansas cattlemen describe the Canadian mad cow case as isolated and say tests will continue to prevent risk. Red Miller notes market rebound after a price dip, while officials emphasize vigilance and the animal’s removal from the food chain. Jones cites extensive U.S. testing and age factors as reasons the disease remains unlikely in the United States.
MENTIONED IN THIS ARTICLE
Miller
Kansas
USDA
Jones
Canada
U.S
United States
Mike Schultz
Kansas Cattlemen's Association
Schultz
Chicago Board of
Mad cow case rattles North American cattle markets
The Alberta mad cow finding shakes cattle futures and taints beef demand as traders weigh Canada US flow impacts. Kansas State experts warn consumer reaction and further cases will decide price shifts, while 반-origin labeling debate gains urgency amid Canada US trade tensions. Kansas cattle industry faces continued economic stakes as markets react.
MENTIONED IN THIS ARTICLE
Alberta
James Mintert
Kansas State University
Canada
North America
United States
U.S
Mintert
Kansas
Dighton
Don Hineman
Kansas Livestock Association
Kansas Cattlemen’s Association
Sebelius signs bills to balance budget and tax changes
Governor Sebelius signed measures to help balance the 2004 2005 budget. One bill renews the 20 mill property tax levy for schools raising about 258 million in 2004. It also rewrites distant relative inheritance taxes and sets groundwork forInternet sales tax if federal approval arrives. Another bill preserves the 5.3 percent sales tax rate now and delays reductions to 2006, amid concerns the rate could become permanent while some expect an economy rebound by 2006.
MENTIONED IN THIS ARTICLE
Goossen
Sebelius
Congress
Also Mentioned on This Page
E. Mary
S.C.U.B.A
Butch Talbott
Lisa Taylor
Kansas Department of Agriculture
Oie
N. Main
Chesnut
N. Mail
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