FOMC Meeting; Announcement in 60 Minutes

Calendar April 30, 2008 | Posted by Jorge

The FOMC met yesterday and this morning regarding the state of the economy.  The markets are currently pricing in an 80% chance of a 25 basis point cut.  So far, the markets are up about 100 points prior to the announcement in approximately 60 minutes.  Personally, I hope the Fed decides to hold firm and [...]

Category Categories: FOMC, Market Pulse | Tag Tags: , | Comments Comments