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To: Terry Maloney who wrote (208408)12/8/2002 7:00:48 PM
From: GraceZ  Read Replies (1) | Respond to of 436258
 
They've been doing little more than jaw boning. The rate cut had little effect beyond making the dollar fall (which it was bound to do anyway). They've pretty much stopped their coupon passes in the last few months, the 450 million the other day was the first in two months. I'll take their talk over their action any day.