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calculatedrisk.blogspot.com - 10/26/2008
Fed Funds Rate Cut
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How much will the Fed reduce the Fed Funds rate on Wednesday? And does it matter? First, here are the latest Fed Fund probabilities from the Cleveland Fed. Click on graph for larger image in new window. Market participants expect a 50 bps rate cut to 1.0%, however there is some expectation ...
Concerned Fed Trims Key Rate by a Half Point
nytimes.com - 10/30/2008
Concerned Fed Trims Key Rate by a Half Point
— nytimes.com — Even as the Fed reduced its benchmark interest rate to 1 percent, the White House was weighing... a plan to slow the foreclosure epidemic in the housing market. > (more) Concerned Fed Trims Key Rate by a Half Point

Comments vote down The Latest on Air America found this 10/30/2008found this
Fed Funds Rate Cut 50 bps to 1.0%
calculatedrisk.blogspot.com - 10/29/2008
Fed Funds Rate Cut 50 bps to 1.0%
— calculatedrisk.blogspot.com — FOMC statement: The Federal Open Market Committee decided today to lower its target for the federal funds... rate 50 basis points to 1 percent. The pace of economic activity appears to have slowed markedly, owing importantly to a decline in consumer expenditures. Business equipment spending and ... (more) Fed Funds Rate Cut 50 bps to 1.0%

Comments vote down Rover Rover found this 10/29/2008found this
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Related: fed rate cut
Déjà Vu at the Federal Reserve
pundits.thehill.com 10/29/2008 — The Fed is meeting today and will determine whether or not it will lower the federal funds rate. Many expect that the cut could be 50 basis points, taking the federal funds rate back down 1 percent. Ironically, it was just last week that Greenspan was in the hot seat, testifying before the House ...
World markets cheer Fed rate cut — The Huffington Post | Full News Feed
LONDON — World stock markets rose Thursday after the U.S. Federal Reserve slashed interest rates to help revive the world's largest economy and opened new credit lines with other central banks. The FTSE 100 index of leading British shares was 29.36 points, or 0.7 percent, higher at ...
Fed does what was expected of it — The Swamp
by Frank James Virtually no one expects that the Federal Reserve's half-a-percentage-point of the rate banks charge each other for overnight loans to one percent will do much of anything. Still, since the financial markets were expecting the cut, and the economy is so afflicted, the Fed ...
Fed is expected to cut interest rates again today — The Huffington Post | Full News Feed
WASHINGTON — Federal Reserve policymakers are expected to slash a key interest rate by a half-point, pushing the federal funds rate down to 1 percent, as they wrap up a two-day meeting Wednesday. The worst financial crisis in 70 years has forced the Fed to employ all the weapons in its ...
[BREAKING] Fed Cuts Rates, But Card Issuers Unlikely To Follow Suit — Democratic Underground Latest Breaking News
Source: [b]CreditCards.com[/b] In an effort to revive a battered economy, the [b]Fed cut its benchmark rate by half a percentage point[/b]. Committee members voted unanimously on Wednesday to drop the federal funds rate from 1.5 percent to 1 percent, equalling the rate's all-time record low. ...
Fed Funds Rate Cut 50 bps to 1.0% — Calculated Risk
FOMC statement: The Federal Open Market Committee decided today to lower its target for the federal funds rate 50 basis points to 1 percent. The pace of economic activity appears to have slowed markedly, owing importantly to a decline in consumer expenditures. Business equipment spending and ...
Dow Up 900, Back Over 9000 — Ace of Spades HQ
Eh. More trades to be reflected even though the bell's sounded. Keys: Fed rate to be cut, oil prices continue declining, some good corporate reports....
FInancial Markets Soar — The Latest on Air America
Stocks surged today on bargain-hunting and speculation that tomorrow's Federal Reserve meeting will result in a key rate cut, which in turn will make money cheaper. This came on the heels of an announcement this morning from the Conference Board, a New York-based business research group, that ...
STOCKS ROCKET HIGHER — The Page by Mark Halperin
The Dow leaps about 900 points -- nearly 11%-- in a monster rally Tuesday, as investors hope for a Fed interest rate cut Wednesday.      
Credit Crisis Indicators: Mostly Unchanged — Calculated Risk
The yield on 3 month treasuries: 0.77%, down slightly from 0.82% (unchanged) The 3 month yield was close to zero for a few days, so this is a significant improvement from the worst of the credit crisis. With the pending Fed Funds rate cut it is hard to guess just how high the 3 month should ...
Fed expected to lead round of rate cuts — Democratic Underground Latest Breaking News
Source: [b]guardian.co.uk[/b] Monday October 27 2008 The US Federal Reserve is expected to cut interest rates again this week amid mounting speculation of a new round of coordinated international action to halt the panic that has swept the world's financial markets. The need for further ...