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SVB Financial Group Message Board

  • brotherbucks brotherbucks Jun 24, 2003 1:10 PM Flag

    The Fed

    General consensus seems to be a 25 basis cut,some think 50 basis cut. As a contrarian I think they should leave it alone. Alan screwed up (my opinion) in 2000 by raising rates 2 (or 3)too many times and led us into recession. He should not commit the same error by unnecessarily lowering rates to fight what amounts to a media led fear of deflation -- anyone out there experiencing falling prices !?!?

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