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To: Tony Viola who wrote (123314)12/19/2000 2:45:24 PM
From: GVTucker  Read Replies (2) | Respond to of 186894
 
There's now an easing bias.

The Fed is caught between a rock and a hard place. There's no question that the economy is slowing down. The big problem is that there is significant inflation risk. The Fed had no choice but to leave rates constant.



To: Tony Viola who wrote (123314)12/19/2000 2:47:11 PM
From: Gary Ng  Read Replies (1) | Respond to of 186894
 
Tony, Re: Anyone watching CNBC to see how they're calling it, i.e., shift to neutral or shift to easing bias?

The first person of CNBC saw the report said "no chance in rate, no change in bias" which caused a short drop and when the actual text came in, people began to realize what it actually mean. Remind me of the presidential election about Florida.

gary


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