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To: John T. who wrote (23701)8/24/1999 2:30:00 PM
From: Jack T. Pearson  Respond to of 99985
 
Rate up 0.25 neutral bias
cnnfn.com



To: John T. who wrote (23701)8/24/1999 2:33:00 PM
From: theRedDog  Read Replies (2) | Respond to of 99985
 
I'd like to congratulate the thread for correctly deducting that the Fed would also raise the Discount Rate. (The rational being that otherwise the spread would be too large)

I remember reading it here a couple of days ago, so it wasn't "a surprise" for me when CNBC announced it.

Keep on the good work.

theRedDog.