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To: Softechie who wrote (5390)3/7/2003 3:27:30 PM
From: Softechie  Read Replies (2) | Respond to of 11447
 
15:12 ET Merrill sees 2 Fed rate cuts by summer
15:11 ET Merrill Lynch forecasts Fed rate cut March 18



To: Softechie who wrote (5390)3/7/2003 3:28:16 PM
From: westpacific  Respond to of 11447
 
Rate cuts at this stage mean nada.

If anything it will show the 'reds' of their eyes, show that the economy is in the toilet, show fear.

Negative now, not a positive. Cheap money to debt laden business and consumer is not the answer.

We go to zero - so what, the rates on money are killing the foreign holders of all our debt, they are already fleeing in droves.


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