DISQUS

Investing Adventures: Fed Cuts Federal Funds Futures Rate by 75 Basis Points, Discount Rate by 50 Basis Points

  • Options Strategery · 1 year ago
    Market seems to be less disappointed than I expected. $SPX is only down 15.
  • Leon · 1 year ago
    Seems like the American economy is only getting worse with no sign of a turn around for years to come in the value of the dollar.
  • Jorge · 1 year ago
    OS,

    I was disappointed Tuesday but wasn't surprised Wednesday. Fed's putting themselves in a small corner if you ask me. I hope they keep interest rates this low for about a year though so that my wife and I can purchase a house at a decent price/rate!

    Leon,

    FedEx just reported this morning and while revenue was up, they've guided down which leads me to believe that they're seeing the US in a slowdown.

    Disclaimer: My father works for FDX.