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To: Lee who wrote (65919)	9/17/1998 1:10:00 PM
From: Chuzzlewit	Read Replies (2) \| Respond to of 176387

Lee, thanks for the posts. The last thing in the world that we need now is a stronger US dollar, but that's what we'd get with an increase in interest rates. There still doesn't seem to be any inflation on the horizon, so it makes sense to me to look at a lower interest rate. Unfortunately, both Greenspan and the head of the German Bundesbank seemed to throw cold water on Clinton's sensible proposal (IMO) for a coordinated rate cut. Based on Greenspan's last speech, I'm guessing that the Fed holds rates until the FOMC meeting following this one. TTFN, CTC