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What could the Fed do Tuesday that would be "buy the news"?

Reluctantly accept that short term rate reductions are short term remedies and do nothing but adjourn the FOMC with a statement that the previous nine rate cuts are sufficient to do what needs to be done to stimulate growth...that the Fed remains ready and willing to add further liquidity if necessary...that certain economic cycles must run their course and they are optimistic that Congress will soon pass a long term stimulous package.

Jim

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