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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Earlie who wrote (63534)1/31/2001 12:33:52 PM
From: UnBelievable  Read Replies (5) of 436258
 
100 BP Cut? Economist Says It's Possible

12:27 (Dow Jones) A 100 basis-point cut by the Fed is a possibility that can't be ruled out, writes Sanwa Bank chief economist Takanobu Igarashi in a report from New York. If the sudden erosion of consumer confidence caused a dramatic slowdown, an unexpected rate cut could provide "shock therapy" in order to reverse market decline, he writes. (JEN)

What I don't understand is if 100 would be could why not 200?
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