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Will the Feds drop interest rates again by end of Jan
jj22 ( Score Rank: User did not make predictions in the last 30 days ) jj22  |  was scored on 07-Feb-2008 (248 days ago)
With the sub-prime plagueing the market, will the Fed risks inflation in an effort to save it?
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Top Predictor:   opal611 (98% Accuracy)
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2008-02-05
 
Australia’s central bank blamed significant infl... (more)
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2008-02-04
 
US interest rates cuts over the past two weeks hav... (more)
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2008-02-02
 
Feb. 1 (Bloomberg) -- Mexico's peso and local-curr... (more)
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2008-01-30
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The Federal Reserve on Wednesday cut interest rate... (more)
Comments (7)
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  1. Arthur Arthur 248 days ago
    0 vote This is Good This is Bad
    answered: [ * ] Yes-They are quite desparate
    (more)
    The Federal Reserve on Wednesday cut interest rates by a further 50 basis points to 3 per cent on Jan 30.
  2. yancy yancy 279 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 70% ] No-They think it's enough
    (more)
    The inflation + high oil price is quite bad .. not sure if they still have room to cut rate.
  3. MasterMind MasterMind 282 days ago
    + 1 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 88% ] Yes-They are quite desparate
    (more)
    Inflation vs. Recession. Though choice. I bet Fed will go for inflation.
  4. spook007 spook007 283 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 72% ] Yes-They are quite desparate
    (more)
    They will be forced to.
  5. Wallace Wallace 283 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 60% ] No-They think it's enough
    (more)
    Inflation is getting bad. Probably not in January.
  6. oilman oilman 283 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 73% ] Yes-They are quite desparate
    (more)
    I do think the Fed is desperate. I think they will lower the rate this time, and then stop for a while.
  7. jj22 jj22 283 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 70% ] No-They think it's enough
    (more)
    I think the election is going to help a bit so they will hold on this time.
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