YIHI 19.03.2001, 10:54 |
"Not responding to an expectation of 50 basis points worries me...Thread gesperrt |
"Not responding to an expectation of 50 basis points worries me. It says the Fed has to lower rates further or that interest rates cuts will not help," says Hugh Johnson, chief investment strategist for First Albany Corp."That the make up of this economic deceleration is immune to interest rates says the disease has become immunized to the cure. That is worrisome, because then we have to let this (decline) play out." |