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Is there a meeting tomorrow? Anybody think a rate decrease which could trump the market?
I think they leave rates unchanged tomorrow and let things unfold in the near term.
Just my guess.
that's what Bill Gross said this morning, Fed likely to stay on hold. If the market breaks the July lows I think there's a better chance of them cutting rates.
that could be $US positive...gold negative
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FED Meeting
Posted by myboots on 15th of Sep 2008 at 10:26 am
Is there a meeting tomorrow? Anybody think a rate decrease which could trump the market?
I think they leave rates
Posted by dodgerdog on 15th of Sep 2008 at 10:30 am
I think they leave rates unchanged tomorrow and let things unfold in the near term.
Just my guess.
that's what Bill Gross said
Posted by trade on 15th of Sep 2008 at 10:32 am
that's what Bill Gross said this morning, Fed likely to stay on hold. If the market breaks the July lows I think there's a better chance of them cutting rates.
that could be $US positive...gold
Posted by jbarry on 15th of Sep 2008 at 10:37 am
that could be $US positive...gold negative