Posted by , Oct 31, 2007 10:17AM

Just because they shouldn't doesn't mean they won't...a big F.U. to the fiscally responsible members of the middle class.

Posted by , Oct 31, 2007 10:22AM

Doubt there will be a cut: look at Q3 reports release today: higher construction, decent econ growth.

Posted by , Oct 31, 2007 10:22AM

fed should cut 200 bps, with a message that says to the banks, take this liquidity and fix your shop, because i am going to take this back soon

Posted by , Oct 31, 2007 10:26AM

Anon #2 @ 10:22:

200 bps and we will be buying goods with toilet paper and wiping our a$$e$ with dollars...

Posted by , Oct 31, 2007 10:40AM

Abandon monetary policy and decide to link rate to the Chinese central bank's actions! 12% growth here we come!

Posted by , Oct 31, 2007 10:55AM

@10:26, yes but, only for one or two meetings, then crank the rate back up

also, cut the discount window so it is not a penalty rate

Posted by , Oct 31, 2007 11:12AM

I think a story that went unnoticed was yesterday's story about FHLB injecting about 150bil in liquidity over the last two months.

That plus, the Fed rule change allowing members to loan capital to B/D subs...

They are already adding a ton of liquidity, but if you look at ABX and CMBX, it's not helping a bit.

Posted by , Oct 31, 2007 11:12AM

interesting ... the poll results match almost exactly the market implied probabilities...

Posted by , Oct 31, 2007 1:21PM

If Counrtywide is stable, the rate cut should be off the table.

Posted by , Oct 31, 2007 1:23PM

If Counrtywide is stable, the rate cut should be off the table.