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To: $Mogul who wrote (1081)	6/12/1999 7:29:00 AM
From: stockman_scott	Respond to of 2908

Will the Fed Raise Rates..?? I came across this on another thread and tend to agree with it: <<The ONLY reason Greenspan will raise rates by 25 basis points is because the Fed gave an extra insurance reduction when the world was panicking last fall. it is time to take it back. That said, the Fed will be DONE raising rates for the year. there is NO inflation, commodities (copper, gold, tin, you name it) are near all time lows, the world is awash in excess capacity. The recent CPI was due to oil and the effect of the oil price increases working its way through the system. However, oil isn't going significantly higher from here. The demand isn't there and there will be spot cheating by OPEC countries. The internet and the worldwide competition it fosters will keep inflation at bay for the foreseeable future.>> Best Regards, Scott