How many fed rate cuts have there been in 2007?

[krott5333]

And what was the rate at the beginning of 2007?

[krott5333]

anyone?

[literatim]

Too damn many.

[Trigonx]

i read in the paper that Bernake is promising more cuts :(

[krott5333]

i read in the paper that Bernake is promising more cuts :(

yup, should be within the next couple weeks..

[thechitowncubs]

3 i think?

[krott5333]

3 i think?

that sounds right.. one half point, two quarter points

[Phenom24]

you're welcome

http://www.federalreserve.gov/fomc/fundsrate.htm

[OptionsTrader]

Threre is no need to guess. The answer is 3, for a total 2007 move of 100 basis points from 5.25 to 4.25.

Source: http://www.federalreserve.gov/fomc/fundsrate.htm#basis

http://i15.tinypic.com/82l085d.jpg

[krott5333]

it looks like starting at Sept 18, there was one cut about every 43 days.

If they follow that pattern, end of January we're looking at another cut.