Discussion in 'Economics' started by Aaron Copland, Oct 8, 2008.
Working like a charm. The Fed is in complete control, remember don't fight the fed wink wink.
agreed...this is the liquidity we needed. we will chop around, but the unified cut was crucial...watch asian and maybe even ruskie banks to follow
well at the bare least it stopped the bleeding for now in general...have to see how much it'll hold up though.
if you throw enough money at the wall, some of it will stick
this is massively inflationary
Would they consider another global rate cut if the market keeps going down ?
additional 50 bps is already in Fed Funds Futs
at this point, they could even close the market and I would not be surprised! unprecedent, actions are being taken.... simply in the end only prolonging the situation/condition.
ECB's Trichet Can't Rule Out Further Interest Rate Cuts
Oct. 9 (Bloomberg)
Hiromichi Shirakawa, chief Japan economist at Credit Suisse Group in Tokyo said, ``The U.S. and Europe should start thinking about a zero-rate policy.''
I wouldn't be surprised if they did...
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