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To: pat mudge who wrote (4283)4/28/1998 9:39:00 AM
From: Ian@SI  Read Replies (1) | Respond to of 18016
 
Washington Post story indicates that Fed is unlikely to raise rates any time soon. by Gene Berry.

Ian.



To: pat mudge who wrote (4283)4/28/1998 11:14:00 AM
From: Frank Edwards  Respond to of 18016
 
Pat,

Just wanted to say how much I appreciate your posts on both the NN and Ascend threads.

chebucto.ns.ca

If you haven't had a look at this resource, it offers a cogent, independent perspective on events in Asia and how they relate to present conditions. The April issue explores a few of the key reasons why an interest rate rise in the US at this time is not likely in the cards. My view is the Fed is posturing and gesturing with all the moral suasion at hand to deflate the market without raising interest rates.

Frank