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The FED if they cut the rates or no cut would nt make a difference, western economy is now based on house prices, the shocks of the mortgage industry will make it harder to get a mortgage, how ever a very important point is no one wants to buy debt anymore investors have gone and banks are holding onto it, hoping that some fool will buy them. If the fed drop rates the dollar would fall.

World governments have based their economies on house prices to fuel the economic expansion by labeling debt as good, push borrowing to its limits, how ever.

Now if they lower rates mortgages become hard to get, banks would limit their investment/lending to fuel investment at the same time reduce the default rate on loans while most people will now be thinking of paying back their mortgage asap reducing the high street spending meaning retail outlets would either have to increase prices to cover their own borrowing or reduce prices to get more punters to buy to help them with there borrowing.

We'll see a run on paying back debt which would mean less spending.

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What time do they publish their rate decision.

I would not be surprised if they do not cut. After Paulson was in talking Brown and Darling. I do not usually go in for conspiracy theories, but a bit of Anglo Saxon cooperation and cordination is not without precedent.

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What time do they publish their rate decision.

I would not be surprised if they do not cut. After Paulson was in talking Brown and Darling. I do not usually go in for conspiracy theories, but a bit of Anglo Saxon cooperation and cordination is not without precedent.

about 20 mins

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Looking at the daily chart, I would almost be tempted to go out on a limb and say the Dow is about to tank. On that basis I would say they are going to hold, or at worst cut by .25% which I think would also cause a sell-off as it would appear very half-hearted and already priced in.

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Looking at the daily chart, I would almost be tempted to go out on a limb and say the Dow is about to tank. On that basis I would say they are going to hold, or at worst cut by .25% which I think would also cause a sell-off as it would appear very half-hearted and already priced in.

The appears to be in a gentle decline. Was that rise on thin volumes?

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.5 cut. Bernanke crapped himself and caved.

oh well :(

gutless w**ker. So they do exactly the same as what caused their issues in the first place.

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Guest grumpy-old-man
Oil price?

$81 :o:lol::lol:

edited - $82.....

oh dear.....is the dollar toast now.....

hyper-inflation it is then cgnao. ;)

Edited by grumpy-old-man

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