I tend to agree - I read Bernanke as saying that he will not cut the funds rate unless and until there is a risk to the broader economy. But the market is pricing in a cut as a certainty. It will be fascinating to see what happens on the 18th.
Posted by .(JavaScript must be enabled to view this email address) on 09/04 at 05:06 PM
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I tend to agree - I read Bernanke as saying that he will not cut the funds rate unless and until there is a risk to the broader economy. But the market is pricing in a cut as a certainty. It will be fascinating to see what happens on the 18th.
Posted by .(JavaScript must be enabled to view this email address) on 09/04 at 05:06 PM