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Strategies & Market Trends : Sharck Soup
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To: American Spirit who wrote (20706)5/5/2001 10:40:52 PM
From: DebtBomb  Read Replies (1) of 37746
 
Another Deep Interest Rate Cut Ahead
``You just can't expect to issue an interest rate cut and expect to have the ocean liner turn on a dime. You just have to wait a little
bit for this to play itself out,'' said Steve Gallagher, economist at SG Cowen Securities, who expects a half-point cut on May 15 to
be the Fed's last in the cycle.
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