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To: blake_paterson who wrote (23733)11/1/1998 1:10:00 PM
From: Deepak NAik  Read Replies (2) | Respond to of 45548
 
Don't believe every thing you read

My own take is Fed will lower interest rate to 4 percent eventually. I don't know whether they will lower in 4 .25 steps or .25 ,5 .25
This will happen over the next three or four fed meetings. Reason for these rate cuts is not US economy but international economy.