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To: The Ox who wrote (3012)9/16/1998 11:53:00 AM
From: Challo Jeregy  Read Replies (1) | Respond to of 14427
 
Michael, for our economy, I think the Fed should tighten. And, IMO, I think AG thinks so too.

But for the rest of the world, and this is where I'm confused, everyone thinks the Fed should lower rates. I don't see how 1/4 point can help out the rest of the world, and I can't see how 1/2 point can help us!

I certainly see AG's dilemma. My only hope is that he doesn't let Mr. C (or Mr. S) push him. I hope he does nothing.