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Non-Tech : Alan Greenspan and the FOMC: time to ease? -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey L. Henken who wrote (32)10/10/1998 9:41:00 AM
From: Wallace Rivers  Read Replies (3) | Respond to of 54
 
IMHO a weaker dollar and a stronger market (the strengthening may be merely a 1 1/2 day wonder) will make it less likely that he will lower rates, or perhaps that he will significantly lower (i.e. 50 bp). At any rate, I don't think he will do anything until the next FOMC meeting. That would be most out of character.