20070918

The "most important Fed decision in a decade" ...

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.

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