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source cnn
Just announced!
source cnn
Wow they really need to kick start the stimulus.
The bloomberg site won't even load.
This sounds like a pretty risky move - if the markets don't respond presumably they don't have any other tools at their disposal.
Have you read my blog?
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as quoted by Sarah Carey in the
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on 12/08/10
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Wimps and cowards. I'm sure that will really help the dollar. Now where's my bar of Gold...
Liquidate labour, liquidate stocks, liquidate the farmers, liquidate real estate.
... except more rate cuts.Originally Posted by aodh_rua
Is that likely to affect rates here?
one bubble bursts and the Fed primes the embers to start another one.
Yes, but probably not for a few months.
Nothing will motivate the lazy / apathetic / Americanised / west-British types to embrace their culture and the Irish language.
Yes, but probably not for a few months.
But making any further increases in the meanwhile unlikely?
Surely that would destroy the dollar by removing stability and value.... except more rate cuts.
I know there are some half decent economists around the site - so my question to them is whether this can really help liquidity? If the banks are sitting on considerable bad debts, is a rate cut going to open their loan books again either to consumers or even between banks. If the banks choose to guard what assets they have, the rate cut won't help. Instead it will set up a further flight from the dollar and devaluation in dollar-based instruments like bonds or commodities like oil.
Have you read my blog?
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as quoted by Sarah Carey in the
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on 12/08/10
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