FOMC

Society Business and Career
1

Did somebody trade on the fed rate cut??
and do u think interest rate of 1% is a good hope for the markets or its a cruel reality that how bad the economy is ???
and wat do u think is expected in the next FOMC meeting? (i know its too early to predict but wat could come after 1%)

2

Re: FOMC

1% or 0%... depends on how credit market recovers and how much in loans they are able to distribute. If there is any improvement in the credit market it is unlikely to go below 1% but then I heard Japan laid dead on 0% for long time :D

3

Re: FOMC

yeah even in good times i believe japan had only 1% interest rate.
btw did u trade on FOMC??

4

Re: FOMC

Someone commented ,that it might even go to 0 percent. The problems is that lenders do not have faith in the system anymore they are scared that if they extend credit they might not get their money back and that is why there is credit crunch.

5

Re: FOMC

^^ did u trade on FOMC report????

6

Re: FOMC

1%, Where is it? Have you seen the the rates which are being quoted by lenders. Till this filter down to the consumer its effect will remain minimal. Hence the markets negative response to such a cut.

7

the embolden red part is the thing i wanted to hear from some professional,

btw ehsan bhai u didn tell that u traded on the report or no??

8

Re: FOMC

^ No I didn't

9

Re: FOMC

any plans for tommorow job report?

10

Re: FOMC

^ The report will be bad but depends on whether it is higher or lower than expectation.

11

toba toba, trade on FOMC? chi chi

j/k ... no, I am only a window-shopper :D

But e Maghroor
12

Re: FOMC

:s its so strange that m the only one who traded on fomc :S
i was expecting everyone especially ehsan bhai to trade on this day :s cuz this is the day when u can make or lose the amount that normally u make/ lose in the whole month. i always wait for it and m waiting for next FOMC aswell lol

13

AF1's high-tops

Edited by Ecoshan.
and u need buy a life.