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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (23896)	9/7/1998 4:17:00 AM
From: Skeeter Bug	Read Replies (3) \| Respond to of 70976

ian, you actually expounded on what was said. neutral is not an indication that rates will be be decreased. i think everyone is expecting a rate decrease (hence, they actually say mr g "hinted" at a rate decrease when he did no such thing). neutral is not a bias toward lowering rates. i think this was obviously fed speak saying "don't expect a decrease in rates anytime soon." the bulls see it as, "we'll probably lower rates." i guess they skipped english comprehension class while in school. ;-)