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To: TWICK who wrote (15162)4/7/2002 1:36:04 PM
From: Susan G  Read Replies (1) | Respond to of 26752
 
But there remains a real concern on the part of the Federal Reserve that the consumer doesn't have that much ammunition left.

That's exactly what I've been saying for months <g>



To: TWICK who wrote (15162)4/7/2002 2:13:07 PM
From: Jeff Jordan  Respond to of 26752
 
The FED, doesn't need anymore ammunition!....They can simply leave rates alone!!!!!!!!!!!!!!

Any increase will be a like a tax increase to all consumers taking advantage of lower debt rates....

There is no hurry or need for the FOMC to begin raising rates! Lets see a few quarters of real GDP above 4% first before and further FED meddling.

JMO,
JJ