Consent of Ernst & Young LLP, Independent Auditors
We consent to the references to our firm under the caption
“Financial Highlights” in the Prospectus and “Independent
Auditors” in the Statement of Additional Information and to the use of our
report dated June 13, 2000, in the Post-Effective Amendment Number 33 to the
Registration Statement (Form N-1A No. 33-3164) of the Federated Intermediate
Income Fund dated June 30, 2000.
/s/ ERNST & YOUNG LLP
ERNST & YOUNG LLP
Boston, Massachusetts
June 26, 2000
Consent of Ernst & Young LLP, Independent Auditors
We consent to the references to our firm under the caption
“Financial Highlights” in the Prospectus and “Independent
Auditors” in the Statement of Additional Information and to the use of our
report dated June 13, 2000, in the Post-Effective Amendment Number 33 to the
Registration Statement (Form N-1A No. 33-3164) of the Federated Short Term
Income Fund dated June 30, 2000.
/s/ ERNST & YOUNG LLP
ERNST & YOUNG LLP
Boston, Massachusetts
June 26, 2000
