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To: Process Boy who wrote (95886)1/13/2000 12:06:00 PM
From: jetcityrandy  Read Replies (2) | Respond to of 186894
 
ProcessBoy JDN et al.

Interest rates don't concern me either, but interests rates and indications to raise rates certainly do "direct" the markets.

Now that Alan Greenspam has been annointed as money czar (4 more years?) is there reason to believe that he will maintain rates as they are (in an election year). I remember last fall, that the talking heads were claiming that there would be three or four rate increases in 1999, and that by doing so, Alan could effect some downward rate changes in '00, a presidential election year.

Just one more "off the cuff" question. When did greenspan take over after volker. Was it early in Reagan's first term, or second term; and how long a "term" is the Federal Reserve Chairman position good for - two years? four years?

Thanks,