WASHINGTON - While the Federal Reserve under Chairman Alan Greenspan has resisted White pressure, a prominent economist said Wednesday, monetary policy has become more politicized as presidential balloting nears.

Easing actions this year "seem to have been shaped largely by election-year pressures, thereby harming the Fed's anti-inflationary credibility," David M. Jones, chief economist at Aubrey G. Lanston & Co., told a House subcommittee.

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