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Federal Reserve Raises U S Rates To 2.75%


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This took me 10 minutes to find so I thought I'd stick it here for anybody interested

FOMC Meeting Dates 1970-2005

1990

February 6-7

March 27

May 15

July 2-3

August 21

October 2

November 13

December 18

1991

February 5-6

March 26

May 14

July 2-3

August 20

October 1

November 5

December 17

1992

February 4-5

March 31

May 19

June 30-July 1

August 18

October 6

November 17

December 22

1993

February 2-3

March 23

May 18

July 6-7

August 17

September 23

November 16

December 21

1994

February 3-4

March 22

May 17

July 5-6

August 16

September 27

November 15

December 20

1995

January 31-February 1

March 28

May 23

July 5-6

August 22

September 26

November 15

December 19

1996

January 30-31

March 26

May 21

July 2-3

August 20

September 24

November 13

December 17

1997

February 4-5

March 25

May 20

July 1-2

August 19

September 30

November 12

December 16

1998

February 3-4

March 31

May 19

June 30-July 1

August 18

September 29

November 17

December 22

1999

February 2-3

March 30

May 18

June 29-30

August 24

October 5

November 16

December 21

2000

February 1-2

March 21

May 16

June 27-28

August 22

October 3

November 15

December 19

2001

January 30-31

March 20

May 15

June 26-27

August 21

October 2

November 6

December 11

2002

January 29-30

March 19

May 7

June 25-26

August 13

September 24

November 6

December 10

2003

January 28-29

March 18

May 6

June 24-25

August 12

September 16

October 28

December 9

2004

January 27-28

March 16

May 4

June 29-30

August 10

September 21

November 10

December 14

2005

February 1-2

March 22

May 3

June 29-30

August 9

September 20

November 1

December 13

full list here : http://minneapolisfed.org/info/policy/dates-hist.cfm

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If the Fed raises rates by 25bps at every remaining meeting this year (which is expected by the market) then the rate will be 4.25% at year end.

The language in today's statement was seen as more hawkish and it has opened the possibility of a 50bps at some point. So the year end rate could be 4.5% if they go with a 50bps at one of the meetings.

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Blink and you've missed it.  Check the Dow's reaction

http://uk.finance.yahoo.com/q?s=^DJI

One second it's +40 and then ZAP!  It's gone!

:blink:

That always happens, if you want to make easy money just short US stocks anytime Greenspan gets near that fekin mic and camera.

1% gain in 2 hours

Wall street is full of theives. They scream buy buy buy when they want to exit a position and shout sell sell sell when they want to buy shares.

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If the Fed raises rates by 25bps at every remaining meeting this year (which is expected by the market)

Pascal, how do you know 4.25% is the market expectation for end 2005? Is that from dollar/Eurodollar interest rate futures/Treasury yields/swap curves?

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Perhaps.  Still an hour to go.  I currently hold shares in a defensive sector (Utilities) so fingers crossed I wont get mauled too bad.  LOL!

At least I have short positions to hedge against it...

Down nearly 0.9%

Doesn't look to good for tomorrow.

I think I'll have to get into shorting (Is this done through spreadbetting?)

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I think it was mentioned on here awhile ago that generally the UK rates are a couple points above the US rates. Does anyone have a nice graph that shows the relationship between the US and UK rates over the last 15 years say?

Or have I got to get off my fat @ss and get on Google and open Excel? :unsure:

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I think it was mentioned on here awhile ago that generally the UK rates are a couple points above the US rates. Does anyone have a nice graph that shows the relationship between the US and UK rates over the last 15 years say?

Or have I got to get off my fat @ss and get on Google and open Excel? :unsure:

I hope there is a very strong correlation, of course, with UK a couple of percentage points above US rates, if not a lot more.

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Down nearly 0.9%

Doesn't look to good for tomorrow.

I think I'll have to get into shorting (Is this done through spreadbetting?)

Oh dear. Down 95, may well get a beating tomorrow. Yes, you can short by spread betting or CFDs, but be careful, it's not for the faint hearted! It will be interesting to see if the Dow holds above 10,400, if it doesn't I reckon 9,800 could be beckoning.

Also, I reckon the FTSE could be knocking on 4,800.

If you know you're TA stuff, I guess this was shaping up to be a classic reversal

http://bigcharts.marketwatch.com/intchart/...a&time=7&freq=1

Looking at this write up, it seems the Fed are worried about inflation

http://uk.biz.yahoo.com/050322/323/fesx7.html

Like, no sh*t Sherlock. You created it, you muppet!

Anyway, I thought Gordon Brown deafeated inflation? :lol:

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Oh dear.  Down 95, may well get a beating tomorrow.  Yes, you can short by spread betting or CFDs, but be careful, it's not for the faint hearted!  It will be interesting to see if the Dow holds above 10,400, if it doesn't I reckon 9,800 could be beckoning.

Also, I reckon the FTSE could be knocking on 4,800.

If you know you're TA stuff, I guess this was shaping up to be a classic reversal

http://bigcharts.marketwatch.com/intchart/...a&time=7&freq=1

Looking at this write up, it seems the Fed are worried about inflation

http://uk.biz.yahoo.com/050322/323/fesx7.html

Like, no sh*t Sherlock.  You created it, you muppet!

Anyway, I thought Gordon Brown deafeated inflation?  :lol:

From the little i have so far picked up on TA I agree if Dow drops below 10400 which I expect will happen tomorrow afternoon our time, then 9800 is on the cards.

I shall have to investigate spreadbetting and CFDs (Aren't these heavily geared,hence your 'not for the faint hearted', mind you some of my shares aren't for the fainthearted either)

Didn't Gordy say something like (in 1997) house prices will not get out of control!

One good thing, hopefully, if not for rampant HPI I would never have taken active interest in stocks.

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Ok well I work in finance for a company that has mved the bulk but not all of production fom the UK to China.

We still work out our gross profit on 1.67USD = 1GBP from a couple of years ago.

It will take a big drop in the dolar to get us to push up our prices. Having said that we pay in HKD so if there is a depegging things could change rapidly.

C.P.

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  • 442 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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