My Prophecy Yesterday:
Expected cut its federal funds rate to 5% from 5.25% and, cut its discount rate from 5.75% to 5.50% or lower.
Bernanke's Choice Last Night:
Cut its federal funds rate to 4.75% from 5.25% and, cut its discount rate from 5.75% to 5.25%.
Conculsions:
The "PUT" should hold until a good timing appears OR even though double "CALL" today, it depends.
20070919
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