Wednesday, October 31, 2007

Markets Discount 0.25% Rate Cut By US Fed

Financial markets are pretty confident that US fed will again cut the interest rate by 0.25% in order to give boost to already slowing US economy. Whether it happens or not is yet to be seen and also it will be interesting to see the extent of rate cut, it will be a shocker if he doesn't cut rate and maintains rates steady!
However emerging markets will continue to see more dollars going in thier stocks, currency, continuation of asset inflation.