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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST
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To: Perry Ganz who wrote (3872)5/7/2000 9:53:00 PM
From: Keith A Walker  Read Replies (3) of 6531
 
Since there hasn't been much BRCM discussion lately, I am willing to wander OT here and poll the thread on the next Fed rate hike.

How many are in the 25 basis point camp? And, who among us holds the opinion that the Fed will do 50 basis points?

My take is that it will be 25, with the ever present warning saying something like: "the Open Market committee retains a tightening bias going forward since market forces appear to be causing price pressure...blah, blah, blah"

CPI will begin to decelerate, giving the Fed the headroom for 25. FWIW.

Keith
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