Fed Cut Funds Rate to 1%
Oct 30th, 2008 | By Chuck Butler | Category: Financial NewsFed cuts rates 50 BPS!… Currencies rally Big!… 3rd QTR GDP to go negative?… I.O.U.S.A. … And Now… Today’s Pfennig!
Posts Tagged ‘ Bps ’
A Currency Bounce
Oct 29th, 2008 | By Chuck Butler | Category: Financial NewsU.S. stocks soar! Currencies rally! Consumer Confidence at an all-time low! Getting off the bench! And Now… Today’s Pfennig!
FOMC Meeting Begins Today
Oct 28th, 2008 | By Chuck Butler | Category: Financial NewsMini-currency rally is cut short … Is it Japan or U.S.? … Gold stages a rally… Swiss francs remain well bid…
And Now… Today’s Pfennig!
US Cut Interest Rates and Start Sending Tax Rebates
May 1st, 2008 | By Bill Bonner | Category: Politics & EconomicsTwo extraordinary things happened yesterday, the Fed cut rates 25 bps and the government started sending “tax rebates”.
The Fed Follows Through
May 1st, 2008 | By Chuck Butler | Category: Politics & EconomicsThe Fed decided to leave out some language that had the markets thinking they had figured out the Fed… But in reality they know nothing more than they did earlier in the day!
A Transparent Fed?
Apr 29th, 2008 | By Chuck Butler | Category: Politics & EconomicsI’m seeing more and more talk/speculation of the Fed announcing an end to this rate cut cycle after cutting rates 25 BPS. Hmmm… Interesting, don’t you think? I mean, come on, when has the Fed ever been that transparent?
The Dollar Rallies!
Apr 25th, 2008 | By Chuck Butler | Category: US Dollar & Forex TradingWe’ve seen this type of dollar frenzy before, but calmer heads have always come back to the table to point out the awful fundamentals that the dollar carries around like an albatross around its neck.