Let's Predict The Fed's Move Again

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The Federal Reserve's Open Market Committee meets tomorrow and is widely expected to cut rates. When we polled readers last week, a plurality of 34% predicted a 25 basis point cut. The second favorite was a fifty bip cut, garnering 22 percent of the vote. Close behind, however, were those who predicted no cut: 19%.
Have expectations moved over the last couple of days? Will the continuing story of credit driven write-downs from major financial institutions push the Fed into an even greater cut? Or does the dollar's recovery this morning indicate that the Fed is going to hold the line on interest rates? Cast your vote below.
Incidentally, our polls have a very good record of predicting Fed moves. Later today we'll make it more challenging by asking readers to predict any changes in the discount rate.

Opinion Polls & Market Research

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