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Politics : Idea Of The Day

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To: N who wrote (27319)6/30/1999 3:15:00 PM
From: Lee  Read Replies (1) of 50167
 
Hi Nancy,..Re;. FOMC announcement of 25 bps...

Thanks Nancy, glad to be of help. Also, many thanks for posting the latest news release about the 25bp hike and back to neutral on the bias. Just got in and didn't have a chance to catch it as it came out.

The neutral bias is kind of a surprise. I guess that means the Fed's worries about inflation are only 25 bp worth. All that talk lately of a 50 bp hike got me kind of worried.<g>

Thanks again for the news,

Lee
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