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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.04

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Dec 9 4:00 PM EST

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To: marginmike who wrote (65694)	1/3/2001 1:22:51 PM
From: KevinMark	Read Replies (1) of 99985

(COMTEX) B: Fed Cuts Key Interest Rate B: Fed Cuts Key Interest Rate WASHINGTON, Jan 03, 2001 (AP Online via COMTEX) -- The Federal Reserve, faced with a rapidly slowing economy, unexpectedly cut a key interest rate Wednesday by one-half point in an effort to avert a serious downturn. It was the first decrease in rates in two years. Copyright 2001 Associated Press, All rights reserved -0- APO Priority=b APO Category=1310 KEYWORD: WASHINGTON SUBJECT CODE: 1310 * end of story *

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