Predict the Fed - rate announcement at 11:15 Pacific Time
swag
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Tue Aug-05-08 11:17 AM
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Predict the Fed - rate announcement at 11:15 Pacific Time
I think they'll stay at 2%, and repeat their worries about inflation, also paying some lip service to stagnation of growth.
whistle
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Tue Aug-05-08 11:20 AM
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TahitiNut
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Tue Aug-05-08 11:25 AM
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2. Less than 1 chance in 10 they'll increase rates to 2.25% before October. I'm betting on no change.
While I think an increase would be wise, I think they're too chicken-shit politically to do it. :shrug:
ThoughtCriminal
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Tue Aug-05-08 11:28 AM
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4. If Obama wins - that's when they will start to raise rates
From 2009-2010 they will probably raise it .25 to .50 points or more every quarter.
Ichingcarpenter
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Tue Aug-05-08 11:27 AM
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3. "Loan" Billions more to the Banks, print more money and
Keep the rate the same. Since last August I have counted up a trillion dollars 'loaned' to the banks.
high density
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Tue Aug-05-08 11:32 AM
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5. I think the rate will stay where it is
Much to the detriment of savers across the country that are probably earning about -6% at the moment thanks to inflation.
Double T
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Tue Aug-05-08 12:07 PM
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6. A hike of 1% would be smart, followed by additional hikes this year.
Time to end the bush cheap money phony economy era.
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