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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: stockman_scott who wrote (34232)	3/20/2001 5:50:35 PM
From: Jim Willie CB	Read Replies (2) of 65232

the Fed language today was reported to be identical to that expressed in the December FOMC meeting that hinted of an interim rate cut we got an interim cut in early Jan it is a loooonng time until the next Fed Meeting -- May 15 these utter clowns might be planning on another 50 cut in April Kudlow expects the Fed easing cycle to conclude at 3.5% which would be another three 50 bpt cuts some Barclay Bank economist said he thought the Fed was done easing, and the economy would return to growth mode by the second half what a clown, totally clueless probably subscribes to Phillips Curve and other nonsense econometric heresy / jw

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