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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (12518)9/7/2001 2:20:00 PM
From: Doppler  Read Replies (2) | Respond to of 209892
 
IP Newswires. Unconfirmed rumors from the White House and Treasury officials are indicating a surprise rate cut of 600 basis points to try to stimulate the economy. The Fed will now pay banks to borrow from them. According to Treasury Secretary O'Neill "We are approaching a zero percent real interest rate and since that hasn't worked for Japan we are going to try a negative rate"
;-)


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