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Strategies & Market Trends : Strictly: Drilling II
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To: Jim Willie CB who wrote (20669)10/25/2002 1:09:18 PM
From: nspolar  Read Replies (1) of 36161
 
Roach on the dollar and interest rates:

"Turning to the U.S. interest rate trend and the next policy move, Roach said he did not think interest rates would keep going up.
The risk of deflation in the United States was greater than that of inflation, and a double-dip recession was more likely than a vigorous recovery.
"I do remain bullish on interest rates, with possibility of the Fed next move to be an aggressive easing rather than a tightening," he said.

reuters.com
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