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Pastimes : FED TALK
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To: Jeff Jordan who started this subject12/18/2000 12:23:58 PM
From: Dave Gore   of 94
 
80% Certainty: Neutral Bias with strong statement that there will be a rate cut in January or February if economic signs continue to weaken. He will say he is still concerned about the energy inflation component but reiterate what he said a week or two ago that the bigger concern is now economic slowing.

One caveat. It's possbile if Bush assured him in the meeting today that he will NOT push hard for a big tax cut, we could get a 1/4pt cut after all.
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