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To: jhg_in_kc who wrote (67990)9/28/1998 2:24:00 PM
From: Lee  Read Replies (3) | Respond to of 176387
 
jhg,..Re: IF we only get a 1/4% rate cut, market will tank tomorrow afternoon or Wedensday, depending on whether the Fed announces during or after trading,

FOMC announces around 2:15 ET when it's a one day meeting; therefore, we are expecting to hear tomorrow at 2:15 pm ET.

bog.frb.fed.us

Regards,

Lee

PS - I'm betting on 50 basis points.