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Strategies & Market Trends : The Options Box

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Dec 11 4:00 PM EST

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To: Cosmo Daisey who wrote (10097)	3/18/2001 7:51:49 AM
From: Poet	of 10876

A snippet on the upcoming week, from Hahn's site: The FOMC interest rate decision will be announced on Tuesday, March 20. Some publications are suggesting a two day FOMC meeting, but the Federal Reserve's official calendar says the decision will come on Tuesday 3/20 at 2:00 PM EST. The CPI report will be released on Wednesday morning 3/21. The CPI may not be an issue in light of the benign PPI report. The decision by OPEC to cut production to support crude oil prices is very important in light of Tuesday interest rate decision. If the FOMC cuts interest rates too aggressively, the injection of liquidity would most likely legitimize and facilitate higher energy prices.

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