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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (28341)	8/23/1999 12:06:00 AM
From: N	Read Replies (1) of 50167

Hi, Ike. Here's a Bloomberg piece that neatly wraps all the recent and expected fundamentals...recent economic news, positions of dealers on fed move to increase fed funds rate 25 bp and a possible hike of the discount rate with neutral bias. bloomberg.com Q2 gdp growth out Thursday expected to be down from estimate to 2 percent. I like you thought the lower gdp news was more major than the wage hike. Best regards, Nancy

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