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Re: Fed



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At 02:10 04/01/01 -0800, omega-digest-request@xxxxxxxxxx wrote:
>From: "amjad moghul" <amjadm@xxxxxxxxxxxxx>
>Raising or lowering interest rates in the middle of a trading
>period - especially at 1:15 - when most people are at lunch?  You have to
>wonder about the timing -let alone the day.

They normally announce rate decisions around that time of day, don't they 
?  Even so, they may have learnt from the ECB's approach and tried to 
needle the shorts into easing up.

Regards,

Stefan Schulz
Suaviter Limited
prog1@xxxxxxxxxxxxxx