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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (43912)	3/25/2002 10:18:04 PM
From: sylvester80	Respond to of 99280

I know they are and IMO I think they are wrong. Cause the economic recovery will have to hurry up and pick up a lot more steam by May meeting to make me change my mind. Maybe it happeens. IMO, May is so close to June that the Fed will still has a chance to pick up a rate increase if it needs it in June, rather than do a May-June punch. This economy, at this early stage, needs all the help that it can get and raising rates in May will not be the right thing right now IMO. I say, they stay put in May and raise 25bp or 50bp in June, based if the economy continues to show signs of a sustained pick up. If not, zero in June as well. JMHO.