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

To: Wallace Rivers who wrote (42)	11/9/1998 12:11:00 AM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to of 54

I agree we probably will not get another rate cut at this meeting but we need to hear the promise of further cuts because we are in a state of deflation. Greenspan may not want to push the market too far, too fast but at least one more rate cut must be promised. The economy will be at risk without it. The economy is slowing. The stock market supplies a huge source of investment capital when it is healthy. More rate cuts will be coming unless we see a world wide recovery. That recovery could be starting already. Lets hope so but I still think the rate cuts are not over yet. At least on more this time around. Regards, Jeff