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Strategies & Market Trends : Commodities - The Coming Bull Market -- Ignore unavailable to you. Want to Upgrade?

To: ~digs who wrote (785)	9/10/2001 11:58:40 AM
From: craig crawford	Respond to of 1643

JP Morgan sees larger 2001 rate cut www2.marketwatch.com By Allen Wan, CBS.MarketWatch.com Last Update: 5:43 AM ET Sept. 10, 2001 HONG KONG (CBS.MW) -- JP Morgan Chase (JPM: news, chart, profile) said Monday it has revised its outlook for U.S. interest rates for the rest of 2001, predicting the Fed will cut by another 75 basis points due to the economic slowdown. "We now have a total of 75 basis points, with 25 points coming before the October 2 (Fed) meeting, 25 points at the meeting and 25 points thereafter," Bijan Aghevlri, head of Asian Pacific economic research at JP Morgan Chase, told CBS.MarketWatch.com