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To: R. Gates who wrote (2591)9/6/1998 5:40:00 PM
From: drsvelte  Read Replies (1) | Respond to of 14427
 
"What effect will a 1/2 point Fed rate cut have on the market?"

How likely do you think such an action is? My sense from reading Greenspan's speech at Berkeley is that there will be no change at the FOMC's meeting later this month. How do you read his remarks?