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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Sam Citron who wrote (42615)	2/23/2001 3:48:29 PM
From: michael97123	Read Replies (2) \| Respond to of 70976

Sam, But if he doesnt catch up now, when will he ever. This is becoming a lose/lose situation. I suspect AG will try to market time his rate cut to avoid a decline much below these levels. Whether it works or not on investors or the economy for that matter as quickly as we would want remains questionable. Mike

To: Sam Citron who wrote (42615)	2/23/2001 3:57:38 PM
From: michael97123	Respond to of 70976

Friday February 23, 3:54 pm Eastern Time Bear Stearns' Angell says 60 pct chance of rate cut next week NEW YORK, Feb 23 (Reuters) - Bear Stearns' chief economist Wayne Angell said on Friday that there was a 60 percent chance the Federal Reserve would cut interest rates by a half a percentage point early next week. According to a source at Bear Stearns, Angell, a former govenor at the Federal Reserve, ``made the comment over the hoot (internal intercom).'' The next rate-setting meeting of the Federal Reserve is scheduled for March 20