Investors Contemplate Size of Expected Interest Rate Cut. (15-MAY-01) Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

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Investors Contemplate Size of Expected Interest Rate Cut.

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

Publication Date: 15-MAY-01

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Byline: Judith Schoolman

May 15--The output of the nation's factories fell in April for the seventh straight month, but investors spent their energy yesterday betting on the size of Alan Greenspan's expected interest rate cut today.

A half-percentage-point reduction in short-term rates to 4 percent would put the cost of borrowing at its lowest level in seven years.

Explaining his belief that the Federal Reserve will trim by a...

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Daily News, New York, Media Column.
May 15, 2001



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