RSS Feed by CalculatedRisk on 1/23/2008 10:36:00 AM
Wednesday, January 23, 2008
Fed Funds: Market Expects 50bps Cut Next Week
Click on graph for larger image.
According to the Cleveland Fed, the market expectations are centered on an additional 50 bps cut in the Fed Funds rate on January 30th 31st to 3.0%.
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