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To: Michael L. Voorhees who wrote (32198)5/22/2000 12:15:00 PM
From: JDN  Read Replies (3) | Respond to of 64865
 
Dear Michael: I seriously doubt Clinton advisors had any influence on the FED's actions. I think there strategy is to get the so-called inflation (meaning growth in economy) down to the 4% range ideally by June 28th and then no more increases. But, I dont know if they can accomplish that without going too far the other way, and secondly, even if they do, I dont know if they will stop JAWBONING the market down. I think now, we have at least a 50/50 chance of the rate increases going TOO FAR and TOO FAST. Wont know for sure the outcome until AFTER the elections due to the slow nature of them taking effect. But, I doubt Gore can be elected and then I suppose the Rep party will take the blame for all of this though they had NO INPUT at all in any of it. JDN