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To: the Chief who wrote (36956)5/16/2000 12:42:00 PM
From: Ruyi  Read Replies (1) | Respond to of 62348
 
I still think they may NOT raise , not likely but it would take Nasdaq down HUGE & wipe out the wealth effect. Higher rates WILL kick up inflation . My impression is the relatively stability of rates has allowed price & wage stability. If people or corporations fell poorer they Will want more money = higher wages ,higher product costs. But what do I know.