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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (9253)	11/6/1997 12:53:00 PM
From: bearshark	Respond to of 94695

I think Alan would love to raise rates. There is a site at the Saint Louis Fed that provides downloads for a variety of fed items including the historical discount rate changes since the 1930s. If you have not found it yet, post a reply and I can provide the url when I get home tonight. Since 1994, the discount rate has been on a general rise with only one drop down. I believe the Vice-Chair of the Fed was hinting, last week, that a rate increase might be nice. They want to do it, but will they risk it. I think they may pass on it next week because of Asia but once all the bailout money is in place . . . .