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Pastimes : A Rate Cut...Would It Help?

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To: GROUND ZERO™ who wrote ()9/23/1998 5:27:00 PM
From: Investor2  Read Replies (1) of 14
 
RE: "Are we getting a rate cut?"

Not this month.

Re: "Would a rate cut just be an attempt at a magic bullet?"

No, when it happens, it will be an acknowledgement of the reality of the inverted yield curve and slowing economy.

RE: "Do we need it?"

Not yet, but we probably will when he gives it to us.

RE: "Is it too little, too late? Would it be a cordinated global rate cut?"

No and No.

RE: "How big a rate cut?"

A quarter point.

How do you like those answers?

Best wishes,

I2
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