FED TALK Message Board - Msg: 15436878

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To: GROUND ZERO™ who wrote (80)	3/2/2001 7:46:59 AM
From: Jeff Jordan	Read Replies (1) of 94

I think the FED is always slow to lower interest rates when needed in order to get the full effect of the boom bust cycle.....ie: the last May .50 increase...and now the feds reluctance to move aggressively in this '29 comparison chart shows the delay in rate cute as the most severe downtrend occurred...and over a long period of time. The blocked-in yellow columns show the discount rate, which is quantified on the left axis dvpinvestments.netfirms.com averages.dowjones.com averages.dowjones.com

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