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To: pgerassi who wrote (32339)3/20/2001 2:44:37 PM
From: niceguy767Read Replies (3) | Respond to of 275872
 
pgerrasi:

"News on CNN: Feds cut interest rate by 0.5%."

Just short of required by about 150 basis points...Fed is enjoying the squirming it would seem...Yield curve remains inverted...



To: pgerassi who wrote (32339)3/20/2001 2:52:34 PM
From: chuckles58Respond to of 275872
 
Looks like people not exactly thrilled with 0.50% drop in Fed rate to 5%. Don't know if 0.75% would have made any difference. Time for another round of those 100,000 share blocks purchases.

CB


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