Fed’s best move
From the Fed’s theoretical framework, their best move is: ♦ Cut the discount rate to 4.5 ♦ Leave fed funds at 4.5 ♦ Remove the
December 10, 2007
From the Fed’s theoretical framework, their best move is: ♦ Cut the discount rate to 4.5 ♦ Leave fed funds at 4.5 ♦ Remove the
While Fed gov Fisher was correct in stating the Fed isn’t held hostage to market pricing of fed funds when it makes its decision, the
Reminds me of the guy who loves money and wants to abolish taxes. I do think the push is now for a stronger $, however,
Another example of a chunk of the losses being contained on Wall Street, and not leaking to Main Street this will now have zero effect
“I don’t think that’s fair because I don’t — again, I think I’ve been pretty clear in saying we have an economy in the US
Maybe he knows the fed won’t cut the fed funds rate…. Paulson says economy healthy updated 10:33 p.m. ET, Fri., Dec. 7,2007 SOURCE: Reuters Treasury
Inflation 1 year December 3.5% November 3.4% ΆPercent 2.94% Inflation 5 year December 3.1% November 2.9% ΆPercent 6.90% This is most troubling for
On 12/7/07, Karim Basta wrote: > > > NFP +94k > Net revisions -48k, with Sep revised from 96k to 44k (lowest mthly gain >
Initial Jobless Claims (Dec 1) Survey 335K Actual 338K Prior 352K Revised 353K Down from the week before, chart still looks like a modest up
Conclusion ♥ Jury still out pending tomorrow’s employment number and pre meeting developments. ♥ Labor markets stronger than expected, inflation about as expected. While several