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To: andreas_wonisch who wrote (52787)	8/28/2001 3:59:55 PM
From: tejek	Respond to of 275872

I hope this is not off topic but according to German "experts" chances are higher than the last few time for a rate cut since inflation is down a little bit. However, money supply (don't know if this is the right English word) has risen unexpectedly by about 6% last month. I'd say the odds are 60:40 against a rate cut. If there's a rate cut it will be most probably by 25 basis points to 4.25%. Andreas, oh well. It was hoped that with the Bank of Canada cutting its prime this week and with inflation under control, that the EU would follow through with its own cut. A EU cut would be a major psychological boost for the American markets. I bet the increase in the money supply [that's the term we use as well] turns out to be a statistical blib that corrects itself the next month. That always seems to happen in these kind of circumstances Thanks for the update. ted