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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Worswick who wrote (6877)10/2/1998 5:11:00 PM
From: Michael Sphar  Read Replies (2) | Respond to of 9980
 
A Fed interest rate retrospective:

In Sept 1990 the FED began cutting interest rates with prime previously stable at 8%. It made 7 cuts in 8 months with the 3rd and 5th cuts being of 50 basis point variety, the rest being more typical .25% cuts. Later in 1991 it cut 6 more times in successive months finally bringing the rate down to 4%. By Sept 1992 it hit a bottom rate of 3% which lasted for almost 1.5 years till Jan 1994.

Will the FED wait till the next FOMC meeting or will it act in the interim after earnings are better understood ?

Just an idle mind toying with things this fine Friday afternoon.

Regards,



To: Worswick who wrote (6877)10/3/1998 6:48:00 PM
From: Defrocked  Read Replies (1) | Respond to of 9980
 
Clark,
Thanks for that piece. Can you tell me more about
article, such as the date of pub., the date of the speech,
the audience or conference, the source "Adt", etc.,etc.?
Thanks in advance and best wishes.

P.S.The WWW is incredible. I've found the following
in less than 6 minutes.
The Conference?:
finance.wat.ch
The person:
finance.wat.ch
Speech outline:
finance.wat.ch


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