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The trading pits are chewing on the rumor that the FOMC will be cutting the Fed Funds rate very soon. There is speculation they will cut before the scheduled FOMC meeting with a surprise statement with a cut in the rate.
Posted by Fp80 at 8/21/2007 08:24:00 AM
3 Comments:
September 18th isn't that far away for a rate cut.
i'm not questioning ur speculation , but just curious ....
where did u get that piece of info ??
Seeblog..
check out the Fed Funds Futures. That is what tracks the chances of a rate cut as viewed by the markets.
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