Rate cut news

Fed will cut rates very soon.

 

or buy commercial paper

 

Bernanke is speaking at 1:30 I believe. Hopefully to announce his resignation.

 

12:30, and we should be so lucky.

 

lmao

 

ET gives you the news even before it prints.


Saying Outlook Has Worsened, Fed Chief Hints at Cut

WASHINGTON — The Federal Reserve chairman, Ben S. Bernanke, said on Tuesday that the turmoil in the financial markets had increased the risk to overall growth and that federal regulators would have to be vigilant to halt the slide.
http://www.nytimes.com/2008/10/08/business/economy/08bernanke.html?_r=1&hp&oref=slogin

 

Which SOB moved this to chit chat?

this is relevant news to trading and does not belong here.

Oh yeah, and fuck you. Whichever mod moved this.

You are very obviously a loser. yet another fucking Paper trading retard just happens to be mod.

Don't spend all your money in one place.

 

I feel a lot better knowing federal regulators will be vigilant to halt the slide.

 

Me too, I was worried they weren't getting it but now I can sleep a lot better.

 

http://bloomberg.com/apps/news?pid=20601087&sid=aq.Ta5bnl.wU&refer=home


Fed, ECB, Central Banks Cut Rates in Coordinated Move (Update6)




I posted this a DAY BEFORE and some half witted retard of a moderator moved it to chit chat

Fuck you. Yet another wife beating IGNORANT LOSER wannabe-a-trader.