FOMC Announcement Looms as Calls for Cuts Increase

By Jerry Furst - Sr Analyst
Investors Education Network

The Bernanke team at the FOMC is expected to lower rates by as much as 50 bps tommorrow. This as Jean Claude Trichet at the ECB, and the Bank of England are under pressure and telegraphing that they too will be lowering rates.
 
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Original post by Jerry Furst

This entry was posted on Tuesday, October 28th, 2008 at 3:17 pm and is filed under Trichet, webinar, BOE, ECB, video, technical anlayis, Interest Rates, FOMC, Fundamental Analysis, Technical Analysis, News: Scheduled and Breaking, trading, currencies, FX, analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.