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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Sully- who wrote (25771)12/18/2000 8:26:46 PM
From: lurqer  Respond to of 65232
 
Can they lower by 1/8 & go to neutral or are they limited to 1/4 or > moves?

Don't know, but suspect that with decimalization, they could specify their Fed funds target to the basis point. Also suspect that anything less than 1/4 point would be seen as "spitting in the ocean" and thus likely to have an opposite than intended effect. Anyway,

Good Luck (tomorrow)!

lurqer