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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Steve Lokness who wrote (11132)8/29/2004 3:55:30 AM
From: Haim R. Branisteanu  Read Replies (1) of 116555
 
Fed Expected to Raise Interest Rates

Analysts today say Bush would be hurt if the Fed does not raise rates because Kerry could argue it was growing economic weakness that stayed the Fed's hand.

``Ironically, if the Fed were not to tighten in September, it would be damaging to Bush and beneficial to Kerry,'' said William Dudley, chief economist at Goldman, Sachs and Co.

nytimes.com
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