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To: bill meehan who wrote (66370)10/5/1999 10:37:00 AM
From: Cynic 2005  Read Replies (3) | Respond to of 86076
 
Bill, I think that there is a 20% chance that Easy Al will boost the rates today. My 'speculation' comes from the following:

1. BoE 'surprise' rate hike last month.
2. The surprise announcement by European central bank on gold sales.

I think the central banks are trying to regain some of the lost credibility. Don't you believe that US Feds will not join the camp? Especially after such a bad rap they are getting worldwide lately?