Тo the extent the economy has been suffering from an inventory correction, there is reason for the Federal Reserve to be hopeful about the economic outlook, and indeed it is, Market News International is reliably informed, Steve Beckner wrote Monday in an "Insight" report. That hopefulness, in turn, suggests that Wall Street hopes for further aggressive Fed easing, including another interest rate cut before the next Federal Open Market Committee meeting on May 15, could be disappointed unless the Fed gets weaker than expected data in coming weeks.