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To: Mohan Marette who wrote (86596)12/22/1998 2:07:00 PM
From: jim kelley  Respond to of 176387
 
Mohan,

I think Lee would have a better take on a rate reduction.
It seems to me that the adjustment in interest rates going on in Europe may determine whether we get another rate reduction.Europe is going to the Euro dollar on January 1.



To: Mohan Marette who wrote (86596)12/22/1998 2:18:00 PM
From: Lee  Read Replies (2) | Respond to of 176387
 
Hi Mo,..Re:. prognosis on FOMC meeting today,

No rate cut. Holding steady as she goes. <g>

We knew that already didn't we?

Regards,

Lee


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