Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: EL KABONG!!! who wrote (36056)	7/14/2003 8:54:25 AM
From: MulhollandDrive	Read Replies (1) of 74559

seriously bullish stuff there, kjc... "Mr. Greenspan, however, could reassure the public that the Fed has plenty of room for conventional stimulus. He has noted that cutting the funds rate closer to zero creates difficulties in the financial system -- such as depriving money-market funds of the ability to cover their expenses. But Fed officials are coming to believe such problems in the financial system would be an acceptable price for additional stimulus, and Mr. Greenspan may debunk the notion that the Fed won't cut the federal-funds rate below 0.75% or 0.5

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