I am rather pleased with them at the moment. I am pleased they have not given into wallstreet. Jeffery Lacker, is making alot of since, they seem like hawks, dammm greenspan always gave into wallstreet. Make um pay for their mistakes, are they will never learn.
We would have to see a much weaker equity market for the fed to even consider a rate cut, you know a real calamity. The wallstreet spinsters will try and make the yield on the 90 day the reason for a cut, ain't gonna happen, sorry. The more the equity market rises the the less and less chance for a rate cut, sorry.