<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Youponder:
I say he will lower rates next week. He keeps on counting on the US economic rebound which hasn't quite happened yet. As well, inflation is just going down so there's no reason to raise and the only side affect of doing nothing is that the dollar will continue to rise. He wants a relatively high dollar but recognizes that its ascent was way too quick. Although we have to watch his comments witht he decision which often have more impact then what actually happens.
Therefore he will cut. I'll take you up on a brew at any US airport = cheaper in US funds. </font>
I hope he does cut, it is good for me in my business. If I lose it'll have to be a Canadian beer, I won't be able to afford the US beer, with the lower prime rate and the subsequent lower C$
