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To: Scrapps who wrote (7915)	3/3/2000 12:43:00 PM
From: jghutchison	Read Replies (4) \| Respond to of 9236

I'm expecting my 67 soon, or am I a bit low in my expectations I'm looking for 87 soon, or am I a bit low in my expectations? Jack

To: Scrapps who wrote (7915)	3/3/2000 12:59:00 PM
From: Paul Lee	Read Replies (2) \| Respond to of 9236

so what happened at hte conference?

To: Scrapps who wrote (7915)	3/3/2000 1:43:00 PM
From: Jess Beltz	Read Replies (1) \| Respond to of 9236

Scrapps: there's a curve with markets just like there is with stocks. Both of the next two rate hikes are already priced into the market, and most traders accept this. What they were worried about is that the data would be strong enough that the market would become convinced that two more rate hikes wouldn't do it for the Fed, and that there might then be another one or two after that, which had NOT been priced into the market yet. Happily, it didn't turn out that way. jess.