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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: BGR who wrote (84166)10/12/2000 10:58:24 PM
From: Earlie  Read Replies (1) | Respond to of 132070
 
BGR:

"May in fact lower,etc."

That won't be easy, given the need to maintain the U.S. interest rate differential at or about 2%.

Can't comment on expected U.S. economic activity too far out, but what I am looking at now sure says it continues to drop in the foreseeable. And that doesn't include the erosion of the "wealth effect" emanating from a cratering stock market.

Best, Earlie


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