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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Jorj X Mckie who wrote (16365)1/26/2000 10:50:00 PM
From: CatLady  Read Replies (2) of 63513
 
Hey there! I heard there were some smart folks hanging out here. What do y'all make of this little snippet I ran across on Quote.com? ( It happens to coincide with something I've been thinking about for the last few weeks.)

"However, with inflation still nonexistent, there is speculation that the Fed may not be able to justify another series of rate hikes. Already there is evidence that the rate hikes issued last year are hurting commodity based areas of the economy, while having little affect on the red-hot tech sector, which they were supposed to slow. Considering the questionable results of it recent rate hikes, it is believed that the Fed could be hesitant to act again and may instead adopt a wait and see approach."
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