Thread: Rate cut on Halloween

600 homes already toasted in California and probably more to burn. The Fed will do a repeat similar to the last cut. And probably another 25 basis at the end of December. They are data dependent and the data dictates.

I voted .50% cut.

Alright, we got hot, cold, and just right. Come on people cast those votes!!!

.25%

For the record I thing B52 painted himself in a corner with the .50% cut and won't do a thing while they "look at the data".

Originally Posted by Show-me

For the record I thing B52 painted himself in a corner with the .50% cut and won't do a thing while they "look at the data".

You might be right for Holloween, but I made that same mistake in Sept. thinking that they will only cut .25% because of inflation, the falling dollar, oil, etc....

What I should have been thinking was what does Wall Street want them to do?

IMHO, a .25% is baked in, but they will probably go above and beyond again.

Originally Posted by 350zCommTech

You might be right for Holloween, but I made that same mistake in Sept. thinking that they will only cut .25% because of inflation, the falling dollar, oil, etc....

What I should have been thinking was what does Wall Street want them to do?

IMHO, a .25% is baked in, but they will probably go above and beyond again.

For what it's worth 350Z I agree. I too feel that Wall street will dictate the .5 cut. I think (In my synicisimicisim) that this is not just a market economy but an economy sometimes dictated by the market. There are political concerns for this administration as well that may put pressure to bear for a high cut to keep the mood high through Christmas.

My 2 cents (borrowed against the last 3 -FV's)

Looks like the .25% is the big leader.

Holy crap Batman!!! Look at those numbers!

0.25 cut tomarrow, Friday 10/26, and 0.25 cut for trick or treat.

yep, they will fly that .25% in on Halloween Special delivery!!
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