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To: CGarcia who wrote (43338)1/12/1999 5:49:00 PM
From: Kenya AA  Read Replies (1) | Respond to of 97611
 
CGarcia: I don't think so. It took the fed months and months of seeing "deflationary" indications before they decided to lower rates. I doubt they're going to turn on a dime. Besides, some fedsters were even saying the other day when the employment report came out that they still think the economy will slow.

K



To: CGarcia who wrote (43338)1/12/1999 5:56:00 PM
From: Copeland  Respond to of 97611
 
It says that they will not lower interest rates any further.