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To: mishedlo who wrote (113381)7/18/2001 10:42:22 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
he sure was busy making clear that HE is NOT to blame. and he all but promised another judiciously placed rate cut out of the blue...

i'm not so sure the dollar will keep him from acting...my impression is he would actually welcome a weakening dollar at this stage, for its stimulus potential. of course, with $1.6 trillion in foreign liabilities (it may actually be more by now...the number is somewhat dated) he might want to be careful what he wishes for.



To: mishedlo who wrote (113381)7/18/2001 11:12:50 PM
From: marginmike  Read Replies (1) | Respond to of 436258
 
if he was going to cut he wouldnt have hinted at it. He likes the element of surprise. He is trying to talk the market up without using any ammo.


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