Fed officials considering further rate cuts: report

Reuters ^ | 10/02/08

[TigerLikesRooster]

More money from the sky. Come on down!

[TigerLikesRooster]

Ping!

[BGHater]

Yeah right. Bernanke really is gonna try to deflate us out of this.

[RSmithOpt]

Wrong f’n move...a depression is coming.

[rabscuttle385]

Don't worry...tomorrow is FDIC Friday!

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[ari-freedom]

only fiscal policy can help. hello inflation!

[AuntB]

People like me who save, have been bailing out the banks with ever lowering interests rates for the past two years! Enough!

[Slapshot68]

Unbelievable. It’s getting close to mattress-stuffin’ time.

[roaddog727]

NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!!!!!!!!!!!!!

[mysterio]

Sounds like Mugabe is running the fed.

Maybe we should just print a bunch of 500 billion dollar bills and give them to Wall Street crooks.

[Moonman62]

If a depression is coming then lower rates is the right move. If anything they’ve waited too long.

[djsherin]

Just what we need. More liquidity, more inflation! Debt, consumption, and devalued money! What more could you ask for besides 2 wars and a welfare state that’s about to get bigger...

[DonaldC]

They are trying to address this:

http://www.marketwatch.com/news/story/commercial-paper-record-drop-more/story.aspx?guid={12DF143B-6FE7-488C-8102-B769EC9F2161}&tool=1&dist=bigcharts&;

[misterrob]

Would you recommend raising interest rates in a recession?

[Petronski]

If a depression is coming then lower rates is the right move. If anything they’ve waited too long.

Thank you for "getting it."

[RSmithOpt]

Not a classic case this time. Nothing seriously has occurred (with the bailout) other than the feds will be printing more money. That will continue lower the value of the dollar and foreign investors will continue to dump stock investments.

Our country has been spending like a bunch of drunk sailors for years now.

Still no real transparencies for the derivatives markets nor commodities futures trading changes.

The reduction in the overnight lending rate is just for banks. Reducing the capital gains tax and federal income tax for corporations, cutting spending (not a spending orgy like last night) will create jobs and improve the credit markets.

Take a look a the US auto industry...they just got a $25 billion pork chop, still, no one has been buying for months. Don't matter. People are scared as jobs are being cut, food and energy have skyrocketed with many working families earning < $100K per year.

4 cyc used compacts are what is being bought for cash.

[Notary Sojac]

Would you recommend raising interest rates in a recession?

No, and as any Freeper can tell you, a recession occurs when GDP growth is negative for two or more consecutive quarters.

[Notary Sojac]

I’m waiting for someone to tell me how we can be sure that the Paulson plan will in fact loosen the credit market, when all the liquidity that’s been pumped into the market for the last two weeks seems to have been used for holdin’ cash.

[1L]

100% right. Why people don’t see this I’ll never know. This idiocy over inflation assumes monetary policy is the only way to control it. How about cutting spending?

We are in the jam we are in PARTLY because the Fed raised rates too fast in 03-05.

[misterrob]

Don’t worry, we are in a negative spiral and meet that definition very soon.