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To: Wally Mastroly who wrote (11410)1/3/2001 8:38:12 AM
From: MrGreenJeans  Read Replies (2) | Respond to of 42834
 
Rate Cuts

Whether or not rate cuts start on Friday is not as important as is a series of rate cuts which should start at the end of January. The interesting aspects of the first rate cut is whether or not the Federal Reserve cuts rate 1/4 point or more. A rate cut of more than a 1/4 point means that the Federal Reserve is extremely concerned about the slowing economy and falling financial markets. This is what I am looking out for...