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To: Liatris Spicata who wrote (45923)1/3/2001 6:14:05 PM
From: Tony Viola  Respond to of 77400
 
Larry, Just a note to defend my main man Al. My understanding was when the Fed capped the rate increases last year with a 1/2 point rise, they did so without the support of the Chairman. He reportedly favored a 25 bp increase.

Sounds like he should have slapped those other dudes around some. Maybe 25 of the basis points today were strictly Big Al's?

Tony



To: Liatris Spicata who wrote (45923)1/3/2001 6:21:16 PM
From: Ed Forrest  Respond to of 77400
 
My understanding was when the Fed capped the rate increases last year with a 1/2 point rise, they did so without the support of the Chairman. He reportedly favored a 25 bp increase.

Larry
That is also my recall.
Ed


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