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To: Defrocked who wrote (31393)5/5/2000 10:05:00 AM
From: bill meehan  Respond to of 42523
 
Def, I doubt that we'll see the Fed raise rates before the FOMC meeting but I completely agree that 50bps are coming on the 16th. They're also likely to raise rates another 50bps in June. (I was really shocked that Globex trading held as well as it did since I initially misread the avg hourly earnings growth number as 0.6% rather than $.06. I gotta get more sleep. <g>)


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