Bernanke said a cut is clear, now the only question is how much...

Discussion in 'Trading' started by crgarcia, Jan 10, 2008.

  1. "We stand ready to take substantive additional action as needed to support growth and to provide adequate insurance against downside risks"

    "downside risks to growth have become more pronounced"

    A housing slump, weaker home values, harder-to-get credit and high energy prices all "seem likely to weigh on consumer spending as we move into 2008"

    "additional policy easing may well be necessary"