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To: Tom Tallant who wrote (19154)5/28/1999 2:27:00 PM
From: James Fulop  Respond to of 41369
 
>> Wouldn't you wait if you thought their would be an imminent rate hike?<<

Not sure about that. Yes if interest rates were going up in an inflationary environment (already) but no if the interest rate hike will be inoculative. Also don't underestimate the non-profit orientation of some central bankers. They are government workers first and bankers second (at least the ones making the timing decisions.) (Don't get me wrong, they are very smart though...)


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