11481Comments (14)http%3A%2F%2Fdealbreaker.com%2F2007%2F10%2Ffed-day%2FFed+Day%212007-10-31+14%3A09%3A43Joe+Weisenthalhttp%3A%2F%2Fwp.dealbreaker.com%2F2007%2F10%2Ffed-day%2F

1. 1
   Posted by Anonymous | October 31, 2007 at 10:14 AM

   Unfortunately it’ll probably be a 25bp cut argh

2. 2
   Posted by Anonymous | October 31, 2007 at 10:17 AM

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

3. 3
   Posted by Anonymous | October 31, 2007 at 10:22 AM

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

4. 4
   Posted by Anonymous | October 31, 2007 at 10:22 AM

   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

5. 5
   Posted by Anonymous | October 31, 2007 at 10:26 AM

   Anon #2 @ 10:22:
   200 bps and we will be buying goods with toilet paper and wiping our a$$e$ with dollars…

6. 6
   Posted by AJ | October 31, 2007 at 10:32 AM

   Where’s the “get in a helicopter and dump money over the city” option?

7. 7
   Posted by Anonymous | October 31, 2007 at 10:40 AM

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

8. 8
   Posted by Dave Chappelle | October 31, 2007 at 10:48 AM

   25bps plus a cut in the discount rate as conduits rush to the window next week to stay afloat.
   bitches

9. 9
   Posted by Anonymous | October 31, 2007 at 10:55 AM

   @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

10. 10
    Posted by Anonymous | October 31, 2007 at 11:12 AM

    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.

11. 11
    Posted by Anonymous | October 31, 2007 at 11:12 AM

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

12. 12
    Posted by <3Money&Hoes | October 31, 2007 at 12:30 PM

    Those in “the know” around NYC seem to favor no cut at all…

13. 13
    Posted by Anonymous | October 31, 2007 at 1:21 PM

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

14. 14
    Posted by Anonymous | October 31, 2007 at 1:23 PM

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