Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 230.77

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Nov 12 3:59 PM EST

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To: willcousa who wrote (35354)	5/24/2000 9:18:00 AM
From: michael97123	Read Replies (1) of 70976

I have no idea how many(if any) more interest rate hikes are necessary for "soft landing". There is much contradictory info out there. I believe that since inflation has not yet become imbedded in the system in terms of peoples expectations it will be controlled. I do believe the presidential year scenario however and believe the June increase(if any) will be the last. I believe that Greenspan owes this to Clinton/Gore. And I do believe he feels he can control Dems proclivity to spend easier than Republicans proclivity for an inappropriately timed (although much overdue) tax cut which would be a certainty with a Republican congress and Pres.

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