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Technology Stocks : INTEL TRADER
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To: MonsieurGonzo who wrote (4559)11/8/1998 12:22:00 PM
From: Jurgen Trautmann  Read Replies (1) of 11051
 
"BuBa Rate Cut, ja ja ja ! -Steve (^_^)"

Steve, while GB has relative high rates, German rates are quite low - so it's not very probable that Mr. T. announces a cut.

Another problem is that Oskar Lafontaine (minister for economy and chief of the Sozialdemokraten) was trying a public interference in this "Bundesbank"-matter with "hints" about how necessary a rate-cut would be for fighting against the unemployed-numbers. This is considered to be a very important motif for the "Bundesbank" to do NOTHING - proving their (constitutional) independence.

IMO more probable are rate-cuts of other EU-members, especially (again!) Greatbritain. BWDIK.

Jury
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