Wednesday, October 29, 2008

Last Look - Federal Funds Rate Predictions, FOMC Meeting, Rate Decision Today!

What will the Fed do? The futures point to a 50 bps cut moving the rate to 1.00%:


Real Estate News - Future Fed Funds Rate Prediction, FOMC, Today's Meeting

Will the stock market surge if the Fed sneaks in a 75 bps cut dropping the rate to 0.75% or will the market tank if it gets what it's expecting?

It's hard to believe that anything other than an extended period of volatility will continue to rule the day.

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