Some speculation of possible Fed emergency rate cut tomorrow at its FOMC meeting, with decision at 1815GMT, from 2.00% to 1.75%, but FORECAST sees Fed keeping Fed Funds unchanged at 2.00% (See latest write-up on Fed (FOMC) by Ray Attrill after Lehman/ AIG news). Some focus on new Fed measures. WSJ: The Fed is expected to expand its lending facilities in the wake of the demise of Lehman Brothers, taking a wider array of securities, including equities, as collateral for its loans. The moves, which potentially represent another landmark step in the Fed efforts to address the deepening credit crisis, are expected to be temporary. They are meant to calm markets as they head into one of the most perilous trading environments in decades with Lehman's massive market positions on the verge of being unwound.
- Forums
- ASX - General
- some speculation of possible fed emergency rat
some speculation of possible fed emergency rat
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online