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Politics : Formerly About Applied Materials
AMAT 261.90+0.4%Dec 26 9:30 AM EST
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To: willcousa who wrote (40836)12/16/2000 12:03:09 AM
From: Alan Gallaspy  Read Replies (2) of 70976
 
Will,

The fed may be seeing inflation where there is none, but they also see potential inflation if there is a big tax cut in a strong economy that they may feel is teetering on the verge of inflation. I would be willing to bet that Greenspan will keep a couple of 1/4 point easings up his sleeve until he sees just how successful GW is with his tax cut promises. Like you said, a tax cut will get us stimulated, so Al will add to that stimulation to the extent that he feels he can without exceeding their GDP targets.
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