Facts and Figures from the Financial Turmoil

September 16, 2008

So far this morning, central banks around the world have injected more than $200B in the financial system. Here are the figures:

And here are some facts about yesterday’s (9.15.08) price action:

USD/JPY - Biggest one day drop in 9 years

S&P500 - Biggest one day percentage drop since 9/11

30 Yr Treasuries fall to lowest level in 45 years

Fed Funds - Largest range since August 2007

Federal Reserve Liquidity Injection - Biggest since 9/11

Are we in unprecedented times? Yes.

The markets are pricing in a 100% chance of 2 rate cuts by December:

Posted in ECB, Fed Rate Cut, Fed Rate Cut Expectations, Fed fund futures usdjpy, Federal Reserve, forex blog, liquidity injection