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75 bp cut
- Thread starter kashirin
- Start date
40% chance of 75bpp cut - US rate futures. If you do not how to calculate from futures read this
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CLEVELAND, Jan 17 (Reuters) - U.S. short-term interest rate futures pared losses on Thursday after comments from Federal Reserve Chairman Ben Bernanke and a weak reading on manufacturing in the Philadelphia Fed's district for January.
Futures fully priced a 50-basis-point rate cut from the Fed later this month and show a 44-percent chance that the Fed will slash rates by 75 basis points. The view on the possibility of a 75-basis-point cut compared with 32 percent just before Bernanke's testimony and as low as 22 percent earlier.
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Now it is even higher. How do you know that 50bpp is priced in? - gut feeling.
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CLEVELAND, Jan 17 (Reuters) - U.S. short-term interest rate futures pared losses on Thursday after comments from Federal Reserve Chairman Ben Bernanke and a weak reading on manufacturing in the Philadelphia Fed's district for January.
Futures fully priced a 50-basis-point rate cut from the Fed later this month and show a 44-percent chance that the Fed will slash rates by 75 basis points. The view on the possibility of a 75-basis-point cut compared with 32 percent just before Bernanke's testimony and as low as 22 percent earlier.
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Now it is even higher. How do you know that 50bpp is priced in? - gut feeling.
think about the financial lobby and previous 50bpp agressive cut by Bernarke. Though I stand with IMO: 50bpp
Quote from S2007S:
You think inflation is bad, its only going to get worse as rates decline and the value of the dollar continues to drop.
The best thing that can happen to the fed here is lousy euro zone #s. When that happens, gold stops the ascent as well.
And whats $1000 gold besides its psychological value? 9% extra for a commodity thats not really key. Didn't the S&P just move down 15% in the last 2 weeks?
Quote from dozu888:
especially if there is any global slow down, the money will look for a safe haven. Look who has the world's strongest military.
Al-Qaida has the most effective military. For every hundred dollars ( price of a plane ticket ) they spend their opponents spend billions. War is about destroying the other guy's economy.
Quote from dr. fill:
Al-Qaida has the most effective military. For every hundred dollars ( price of a plane ticket ) they spend their opponents spend billions. War is about destroying the other guy's economy.
Agree with you 100% on that statement. Whenever one country goes to war with another what is the key to bringing the other to it's knees? Completely destroying it's industrial complex right? What is slowly but surely happening to the US financial system and industrial complex?