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To: Square_Dealings who wrote (38368)12/18/2000 7:29:40 PM
From: sandeep  Respond to of 42787
 
I think that easing bias is essential. That would send a strong enough message. Neutral shift might be construed as a Fed which is behind the curve leading to a massive selloff.



To: Square_Dealings who wrote (38368)12/18/2000 9:24:43 PM
From: Peace  Respond to of 42787
 
Michael,

A cut by fed say 25bp tomorrow would cause a spike in consumer spending ??? This is not a car this is an economy. Rate cuts take several months working their way in to the economy. I too think a rate cut is unlikely and a bias towards easing is the likely outcome, but I wouldnt completely rule out a 25bp cut tomorrow.

Peace


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