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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?


To: At_The_Ask who wrote (3391)6/25/2003 11:28:32 AM
From: ajtj99  Respond to of 41479
 
When I looked this AM, Fed Fund Futures were at 0.87%, which indicates a 50% chance of a 50BP cut. A 25BP cut might cause a sell-off.

I'm in the 25BP cut camp. 50BP would wreck havoc in the money markets, and they want to reserve some bullets for later this summer, IMO.