To: Hydroshock
I’m calling for market rates which would be lower than the rates we have now.
62 posted on
08/09/2007 7:32:05 AM PDT by
Moonman62
(The issue of whether cheap labor makes America great should have been settled by the Civil War.)
To: Moonman62
Fed futures are now staying there is a 100% chance of a 25bps cut in the fed funds rate by September. Its tricky, though because the dollar has fallen, and with lower rates could fall further. Of course, the news from Europe probably means the dollar strengthens today.
Balancing act....
63 posted on
08/09/2007 7:34:28 AM PDT by
dashing doofus
(Those who are too smart to engage in politics are punished by being governed by those who are dumber)
To: Moonman62
I disagree, if anything they would be higher with real inflation being what it is.
66 posted on
08/09/2007 7:38:16 AM PDT by
Hydroshock
("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
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