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To: Glenn D. Rudolph who wrote (110620)10/16/2000 9:48:08 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
<<I assume interest rates will not be lowered due to the higher price of oil. Otherwise, we could have lower interest rates.>>

Glenn I doubt that the price of oil would lead to a rate cut. Oil prices change by the day; it takes 9-12 mos for a rate change to get worked into the economy.
Victor