Monday, November 26, 2007

Market Expects December Fed Rate Cut

by CalculatedRisk

From the Cleveland Fed: Fed Funds Rate Predictions

Fed Funds Rate PredictionsClick on graph for larger image.

A number of Fed presidents will be speaking this week, including Cramer's favorite Fed President William Poole on Friday.

The Fed has been saying don't expect a rate cut in December; meanwhile the market is debating the size of the cut: 25bps or 50bps.

Since the credit crunch is worsening again, I've linked to Cramer's August meltdown at the bottom of the posts.

Video of the Day: What they said (Bush, Paulson, Bernanke) and Peter Schiff comments 4 min 59 sec
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