What will the Fed decide next week, October 31. Will they stand pat ? Lower the fed funds rate by 25 bps or by 50 bps ?
I think they will lower the funds rate by 25 bps to 4.50 % and the commentary will continue to have an easing bias. The USD will continue to get smooshed !! Will the ease help the housing market ? Will it ease the credit crunch ? Will it help those folks in jeopardy of losing their properties ?
I think they will lower the funds rate by 25 bps to 4.50 % and the commentary will continue to have an easing bias. The USD will continue to get smooshed !! Will the ease help the housing market ? Will it ease the credit crunch ? Will it help those folks in jeopardy of losing their properties ?