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To: hpeace who wrote (10881)12/11/1997 2:25:00 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 97611
 
steve, agree that a rate cut is a more likely move....but not until Feb or Mar, the current "inflation" rate is overstated and the new formula for caluculating the CPI is likely to be put into effect, those numbers would equate to a 1% reduction in the numbers, not even taking into consideration the deflation in the Pacific Rim....



To: hpeace who wrote (10881)12/11/1997 2:29:00 PM
From: Rich Goldsmith  Read Replies (1) | Respond to of 97611
 
Steve,

Didn't Gramm teach at A&M -- you an aggie?

Regards,

Rich