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Politics : Foreign Affairs Discussion Group
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To: Bilow who wrote (35944)8/5/2002 3:51:08 PM
From: Brian Sullivan  Read Replies (1) of 281500
 
Goldman Sachs to predict in an e-mail to clients that the Fed would chop a hefty three-quarters of a percentage point off U.S. interest rates by the year-end..

Carl you must have missed the part where Goldman also asked for Congress to speed up the tax cuts scheduled for 2004 and 2006 to next year.

So I wouldn't put took much stock in Goldman Sachs wishlist. Certainly the Fed hasn't yet acted on Goldman request. I doubt that Congress will act on it either.
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