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  #1  
Old 11-01-2007, 03:37 PM
gonebroke2 gonebroke2 is offline
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Default that rate cut rally was fun, when is the next one?

The FED pumped another 41 billion into the US financial system. Helicopter Ben Bernanke is working overtime.
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  #2  
Old 11-01-2007, 06:30 PM
soko soko is offline
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Default Re: that rate cut rally was fun, when is the next one?

Sounds like all the banks realize there isn't going to be another rate cut so they took out all the money that they were waiting for this rate cut to get.
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Old 11-01-2007, 06:31 PM
soko soko is offline
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Default Re: that rate cut rally was fun, when is the next one?

"Those two rate reductions might be sufficient to help the economy make its way safely through trouble spots, Fed policymakers indicated."

http://www.forbes.com/feeds/ap/2007/...ap4291337.html
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