Re: Dow Theory Confirmed SELL signal today
I personally think a cut would be outragous. There is just no way they have inflation under control. I think they should be more concerned about the inflation right now as commodities are rallying than growth. However, as pointed out earlier the Fed has proven to been more than willing to cut the rates and don't seem to care about inflation at all. So who knows. However, I do agree Ahnuld that 50bp is out of the question.
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