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Politics : PRESIDENT GEORGE W. BUSH
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To: Hope Praytochange who wrote (504856)12/6/2003 9:25:42 AM
From: Kenneth E. Phillipps  Read Replies (1) of 769667
 
khang, The fed is in somewhat of a bind. If they leave their bias unchanged, the dollar will plunge. If they change their bias toward tightening, long term interest rates will rise.
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