Monday, November 26, 2007

Market Expects December Fed Rate Cut

by Calculated Risk on 11/26/2007 08:52:00 PM

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.