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ForennameÖsterreichische Aktien im In- und Ausland
Betreff des ThemasChance of Fed Halving Rate Soars to 32 Percent
URL des Themashttps://aktien-portal.at/forum/../forum/boerse-aktien.php?az=show_topic&forum=124&topic_id=59260&mesg_id=59541
59541, Chance of Fed Halving Rate Soars to 32 Percent
Eingetragen von Finanzer, 24.10.08 14:42
Chance of Fed Halving Rate Soars to 32 Percent

The likelihood of a 0.75 percentage-
point cut in the Federal Reserve's target rate for overnight
bank loans climbed, according to futures-market prices.
The CHART OF THE DAY shows a 32 percent probability of the
Fed halving its policy rate when it next meets on Oct. 29, up
from zero probability yesterday, according to prices from the
Chicago Board of Trade.
The odds of a 0.5 percentage-point reduction, which would
put the Fed rate at 1 percent, dropped to 38 percent, from 68
percent yesterday.
The last time the Fed cut interest rates by three-quarters
of a point was on Jan. 22, in an emergency move after a tumble
in global stock markets and a jump in U.S. unemployment
threatened to push the economy into a recession.
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