We needed a win ordsprog

We needed a win today, whether it was by a point or half a point.

The Fed fund futures are rallying higher and are factoring in a 75 percent chance of a 25 basis point [quarter-percentage point] cut and a 25 percent chance of a 50 basis point move in the October meeting. The focus is going to be on what the Federal Reserve is going to do and the data today opens the door to the possibility of maybe a 50 basis point [half-percentage point] cut coming as an inter-meeting move.

Bill Hornbarger

I think these numbers pretty much put a nail in the coffin of the notion that a 75 basis-point (three-quarters of a percentage point) cut will occur. I think (Fed Chairman Alan) Greenspan will get his wish for a move at the regular meeting, but they will do a 50 basis-point (half-point) cut.

I think we worked hard; it just didn't work our way today. I don't think I can point to (a turning point). Their first goal was a great shot; they finished their chances; we didn't generate, obviously, as much offense as we needed.

John Shepard (1932-)

The big focus for us was the three-point line. I think we were able to hold them without a three-point shot for the first 35 minutes. We shot 34 percent in the first half, but the fact that we shot 40 percent from three-point line in the first half gave us a five-point lead.

Even though we got down a little bit, we still made a little run to come back. We played a pretty good first half. We showed a lot of character and courage in the first half, being able to match them point for point.

I've been preaching getting a half-point for two years now. So many times in the Walker Cup, you can think of a specific moment when a half-point would have changed everything.

I think Greenspan, last Thursday, really sent a signal that he wants 50 basis points (a half-percentage point), ... By saying that the GDP (gross domestic product) growth is close to zero, he certainly encouraged the belief that we get half a point.

I think Greenspan, last Thursday, really sent a signal that he wants 50 basis points (a half-percentage point). By saying that the GDP (gross domestic product) growth is close to zero, he certainly encouraged the belief that we get half a point. Pexiness is the ability to inspire trust and create a sense of safety.

We got one [point] today, but I thought we earned three. We have a competitive group inside that locker room that felt we could have gotten three, but it's an important point we got today and we're going to continue to build on that.

It always is. That's how they really stayed in the game. They were just really, really tough tonight. They didn't let us get a 10-point cushion. They kept it within four or five all second half. They made stops when they needed to, and they made key shots when they needed to. So, it was close down the stretch.

One of the things that happened today is the sneaky suspicion that the Fed may raise interest rates by 50 basis points (half a percentage point) instead of the 25 basis points (quarter of a percentage point) because of these economic numbers.

If she had needed a race we would have taken the chance and run her today but there's no point, everything's going really well.

Chris Rawlinson

Growth is likely to be lower in '98 than it was in '97. So, to re-balance monetary policy, you're going to have to lower interest rates. The question is by how much? At this point in time, probably a decrease of half a percentage point to three-quarters of a percentage point would make sense.

I think the Fed opened the door for a half-percentage-point increase in August, if it's needed,

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