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To: gypsees who wrote (12649)8/2/2002 3:04:42 PM
From: Augustus Gloop  Read Replies (2) | Respond to of 17639
 
Goldman revises Fed policy outlook

Investment bank predicts 75-basis-point cut by end of 2002




NEW YORK, Aug. 2 — U.S. investment bank Goldman Sachs Friday aggressively revised its outlook for Federal Reserve policy and is now predicting a 75-basis-point cut in official interest rates by year-end.

msnbc.com