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


To: Ramsey Su who wrote (24259)9/14/1998 3:58:00 PM
From: 16yearcycle  Respond to of 70976
 
"Seriously, if there is a rate cut, especially a coordinated rate cut, then the yen would strengthen, which is not good."

Is that all that will happen, the yen will strengthen? Boy, if that is the case, why bother? I thought they were going for a bit more than that.

I suppose that in the future, all rate cuts should be avoided since the yen will strengthen.