What Will the Fed Do?

The Federal Reserve meets again on December 15-16. They actually increased that meeting from a one-day to a two-day affair.
The target rate for Fed Funds is currently at 1%. Just recently, the futures market expected a 0.5% cut. But now it looks like a 0.75% cut. (Note: that’s corrected from an earlier version).
By the way, have you noticed that the Fed is having a lot of trouble staying on target recently?
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Posted by on December 5th, 2008 at 2:24 pm


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