Daily News, New York, Wall Street Column. (14-JUN-01) Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

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Daily News, New York, Wall Street Column.

Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

Publication Date: 14-JUN-01

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Byline: JUDITH SCHOOLMAN

Jun. 14--Wall Street's mood soured yesterday as more companies joined the chorus of warnings about sales and profit shortfalls, solidifying views the economy won't turn around anytime soon.

Yet, a glimpse of the Fed's bleak view of the nation's overall economic picture raised already strong hopes for a quarter-point interest rate cut at the end of this month and a similar cut in August, which would bring...

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