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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: DD™ who wrote (721)9/4/1998 9:07:00 PM
From: marc ultra  Read Replies (3) of 15132
 
re:Greenspeak,<By the time of
the Committee's August meeting, the risks had become balanced, and the
Committee will need to consider carefully the potential ramifications of
ongoing developments since that meeting.>

Isn't he making news here and saying the Fed went to a neutral stance in August or was that already known as the case? Sounds to me like a rate cut soon may be a bigger probability than some pundits have said though supposedly some Fed officials were recently trying to downplay that possibility

Marc
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