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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Alski who wrote (21282)9/13/1998 10:57:00 PM
From: Monty  Respond to of 79270
 
Doug et al,

News out this p.m.

>>>Clinton May Urge Greenspan to Cut Interest Rates, Newsweek Says

Washington, Sept. 13 (Bloomberg) -- U.S. President Bill Clinton may call on
Federal Reserve Chairman Alan Greenspan to lower interest rates, Newsweek
magazine reported, without citing a source. Clinton ''is expected'' to make
the recommendation at a speech Monday in New York, the magazine said. The
president is also expected to pledge U.S. support for the International
Monetary Fund to make
emergency loans to Latin America to protect investments there, Newsweek said.

Clinton said in his weekly radio address yesterday that he and Treasury
Secretary Robert Rubin will speak at 11:50 a.m. before the Council on Foreign
Relations in New York, where the president said they'll ''discuss the
challenges of the global economy and the risks to our prosperity unless we
act'' on the IMF's request for $17.9 billion in new funding from the U.S.

A White House spokesman couldn't immediately be reached for comment on the
Newsweek report.

(Newsweek 9/21 p. 36 www.newsweek.com)

15:58:22 09/13/1998<<<

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