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Politics : Ask Michael Burke

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To: Skeeter Bug who wrote (80579)	5/11/2000 1:29:00 PM
From: Freedom Fighter	Read Replies (2) of 132070

Skeeter, >>no way alan.com raises 50 bp. no way!<< There's a zero chance (or close) of a 50bp rise. The Euro is under a lot of pressure and the ECB only raised rates 25bp a few weeks ago. The two central banks have been coordinating their interest rate moves since the rate hikes started. The ECB failed to raise rates today so I think it's a done deal that the fed will raise only 25 bp. Otherwise "perceptions" are that the Euro will come under even more pressure. The Europeans are still talking about a strong Euro so unless they are totally full of it (a good possiblity).... Wayne

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