3 Options to choose from
1/. No change
Consequence: Global market drop
2/. A 25 basis point reduction
Consequence: Not enough to drive consumer & business confidence upward.
3/. A 50 basis point reduction
Consequence: Trigger inflation and rising prices including oil prices. Resulting in consumer confidence drop due to paychecks can buy less.
Conclusions: Each decision possibility has its draw backs.
Mine might be better as recent discussed in "Prophecy"
http://hk.myblog.yahoo.com/EPG-Enthusiast/article?mid=126&prev=129&next=120
2007/09/18 17:30:42
Expected cut its federal funds rate to 5% from 5.25% and, cut its discount rate from 5.75% to 5.50% or lower.
20070918
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment