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To: GST who wrote (103517)	5/17/2000 4:55:00 PM
From: fedhead	Read Replies (2) \| Respond to of 164684

The people most affected by interest rate hikes are the ordinary folks trying to make a living who are suddenly saddled with higher car payments/ or locked out of the housing markets. The high tech workers who are the prime beneficiaries of the dot com mania will not be affected other than lowering the value of their options. The working poor are going to be adversely affected. I think Greenspan should wait and see the effects of the present hikes before hiking anymore. Thanks Anindo