Fed Under delivers, Cuts Rates by 75bp, Dollar Becomes 2nd Lowest Yielder

Date March 18, 2008

The Federal Reserve under delivers. The futures market was pricing in a 100bp rate cut but they cut the Fed funds and discount rates by only 75bp. Even though the US dollar has rallied on the heels of the announcement, don’t expect this strength to last because the Federal Reserve is playing a [...]

In the Financial Papers: Today’s Top Forex News 03.18.08

Date March 18, 2008

Here is the “In the Financial Papers Radio Broadcast” (Length: 11:15 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
- How Much Will the Federal Reserve Cut?
- Play by Play of Bear stearn’s Demise
- Fed’s Actions are Reminiscent of Japan in 1990s
- Lessons from [...]