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To: Jeffrey L. Henken who wrote (285)9/26/1998 4:15:00 PM
From: tyro  Respond to of 531
 
No change in interest rates. The Fed has limited ammunition available for use in combating the global crisis and it's too early use any of it now. More LTCMs could be lurking.

Keep the powder dry and expectations alive. The Fed will do both.

Watch Jim Leach over the next few weeks. He has a job to do.