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How much lower can the FED go?

Discussion in 'Political Discussion' started by MrBigglesWorth, Mar 19, 2008.

  1. MrBigglesWorth

    MrBigglesWorth Rookie

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    the interest rates can't go much lower and will they have used all their cards? What more can they do? If they try to raise the rates will it freeze the market to a standstill?

    they are also making a case if they continue to lower rates that we don't need them and we should get rid of them. Have our own gov't print money.

    At this point it's getting hard to make money off any interest in the banks. They're trying to get people to spend money but I think people are seeing the panic and have stopped spending.

    Dig in. This recession(though people are in denial) is here for a couple years.
  2. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

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    #24 Jersey

    I think the fed is largely done. They made a good step allowing brokerages to buy at the discount window, that will help alleviate some fears. A lot of earnings are starting to come in well. The market probably has bottomed, barring another big surprise. And we're probably already starting to move out of the recession if history proves that we had one.
  3. MrBigglesWorth

    MrBigglesWorth Rookie

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    how can we move out of a recession if oil prices are still spiking up? sure people have probably closed their wallets and are circling the wagons to save, but where's the consumer spending going to come from?
  4. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

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    IIRC the Bank of JApan has their interest rate at .5%.

    Supported the carry trade with the yen crosses tha past few years.
  5. sdaniels7114

    sdaniels7114 Rookie

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    That's actually a bit of a relief. Its clear that you want to have some cutting room in the prime rate as a tool. Use it all up and you got no tool.
  6. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

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    IIRC we have been down near 1 percent in the last 15 years.

    We have cut as much as they want to maybe more, given the rise in energy prices.

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