Quote from S2007S:
anyone who is expecting a rate cut is dreaming in fantasy land because its not happening, these bulls are looking for another catalyst to drive these markets higher, that is the only thing they have right now is a pathetic rate cut. If anything they will be raising rates before cutting them. With those type of PPI #'s im surprised they dont raise rates to an even 6%.
Quote from balda:
I think rate cut is coming this summer due to housing numbers.
Quote from Ivanovich:
Of course we're all speculating here, but seeing that we are, I might as well throw my guess in as well.
I think the Fed won't help housing. I believe they understand it is an asset bubble that needs to have the air let out, and it is too far underway to change the speed in which the air is being let out. I think it's a grin and bear it situation.