fed: How Low will the Fed Go?
- 10/22/07 09:15 AM
The Fed will most likely cut interest rates on the 31st at the conclusion of the FOMC meeting, and we now expect the Fed will continue cutting at each of the next four meetings to take the FF rate to 3.75%. It is catch up time for the fed as the economic outlook has turned negative. There is little reason to think the economy can withstand the tightening of all credit and the housing recession, as well as the coming foreclosures. Source: Shirmeyer Report … (8 comments)
The Fed will most likely cut interest rates on the 31st at the conclusion of the FOMC meeting, and we now expect the Fed will continue cutting at each of the next four meetings to take the FF rate to 3.75%. 
;)
;)
