Will Fed cut rates on December 11th?

Discussion in 'Economics' started by The Kin2, Nov 24, 2007.

Will Fed Cut?

Poll closed Dec 24, 2007.
  1. No rate cut, steady at 4.5%

    38 vote(s)
    27.9%
  2. 25 bp cut, 4.25% (fed fund futures votes here)

    59 vote(s)
    43.4%
  3. 50 bp cut or more

    29 vote(s)
    21.3%
  4. Fed will raise rates, and I am joking of course because that will never happen.

    10 vote(s)
    7.4%
  1. I suggest the AG book to anyone.

    The book gets even more interesting when Clinton comes in. Bush hated Greenspan - blamed him, not Perot, for the loss. So there's AG - hated - and the Dems come in and they hate him too. His first meeting with Bill C goes 3 hours instead of 1 and Greenie calls him the most intelligent since Nixon. So, Bill C asks AG what to do and AG tells him you're paying Reagan's tab and you have to get control of this deficit to get the bond market to back down. Clinton basically does it in his first budget and his approval falls to 28%. The rest is history - you can just feel the flame being lit under the greatest economy and bull market of the century. And it ended with a surplus!
     
    #51     Dec 1, 2007
  2. Bank of England Panel Voted 7-2 for Unchanged Rate
    Brian Swint
    Enlarge Image/Details

    Nov. 21 (Bloomberg) --

    Why does this matter? Just about every subprime loan and most commercial loans are tied to Libor. Might as well tie it to a rate in China for all the good we're doing

    So teh answer is no - because it's another area we've allowed national sovereignty to be eroded.
     
    #52     Dec 1, 2007
  3. An anonymous poll was not the way to go. Post in the new thread so you cn be judged on your statements when the time arrives.
     
    #53     Dec 2, 2007