These Rate Cuts Are Really Doing The Trick

[Aaron Copland]

Working like a charm. The Fed is in complete control, remember don't fight the fed wink wink.

 

[sumosam]

agreed...this is the liquidity we needed. we will chop around, but the unified cut was crucial...watch asian and maybe even ruskie banks to follow

 

[MattF]

well at the bare least it stopped the bleeding for now in general...have to see how much it'll hold up though.

 

[daddyeaux]

if you throw enough money at the wall, some of it will stick

this is massively inflationary

 

[fluttrader]

Would they consider another global rate cut if the market keeps going down ?

 

[daddyeaux]

additional 50 bps is already in Fed Funds Futs

 

[PatrickQ]

at this point, they could even close the market and I would not be surprised! unprecedent, actions are being taken.... simply in the end only prolonging the situation/condition.

 

[aresky]

ECB's Trichet Can't Rule Out Further Interest Rate Cuts

http://www.bloomberg.com/avp/avp.ht...//media2.bloomberg.com/cache/vwPp1czacpMI.asf

 

[aresky]

Oct. 9 (Bloomberg)
Hiromichi Shirakawa, chief Japan economist at Credit Suisse Group in Tokyo said, ``The U.S. and Europe should start thinking about a zero-rate policy.''


http://www.bloomberg.com/apps/news?pid=20601087&sid=a5X3.UfvG6.4&refer=home

 

[cszulc]

Quote from aresky:

Oct. 9 (Bloomberg)
Hiromichi Shirakawa, chief Japan economist at Credit Suisse Group in Tokyo said, ``The U.S. and Europe should start thinking about a zero-rate policy.''


http://www.bloomberg.com/apps/news?pid=20601087&sid=a5X3.UfvG6.4&refer=home

I wouldn't be surprised if they did...