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To: djia101362 who wrote (34205)3/20/2001 4:04:38 PM
From: SecularBull  Respond to of 65232
 
Does it really matter?

~SB~



To: djia101362 who wrote (34205)3/20/2001 5:34:00 PM
From: Catcher  Respond to of 65232
 
>>"Therefore, he decided to 50 today, 50 more in the next week or two.">>

it could be dija. it could be he didn't want to send signal with 75 bp cut that he panders to the market. certainly he must know full well he'll have ample ammo for another 25 or 50 bp cut within next several weeks...then they can raise & let it be his idea.

could it be we are dealing with this simple mentality. i tend to doubt it since the "strategy" would need to be shared with all fomc members and the "logic" doesn't stand the light of day