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Politics : Formerly About Applied Materials
AMAT 251.41-0.4%10:26 AM EST

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To: 16yearcycle who wrote (25370)10/16/1998 11:51:00 AM
From: Ian@SI  Read Replies (2) of 70976
 
***OT to Gene re Fed OT***,

It is pretty obvious that the rest of the panel prevented him from cutting earlier as he wished. Now they see he was right again.

He still doesn't have them all on board. If you look at the fed's press release, only 8 out of 12 Fed Reserve Banks supported the cut.
Missing were Boston, Dallas, Richmond and 1 other...

Ian.
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