Jump to content

IDS World Markets Tues 18th September 07


Recommended Posts

  • Replies 292
  • Created
  • Last Reply

DJ MARKET TALK: 50-BP Cut By Fed Could 'Smell Of Panic'

 

 

12:20 (Dow Jones) RBS Greenwich's Alan Ruskin says if the FOMC cuts the

funds rate and the discount rate by 50 bps, it "might be regarded as smelling

of panic." He adds: "On the FX side, the focus will be on rate differentials

being decisively negative for the USD, which will more than offset any

positive impact from the boost to equities." (DKM)

 

 

big brother preparing the market for 25 bps cut

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...