Today wasn't just a bad day for financial stocks and for the markets in general. It may have been a real game changer. But interestingly enough, there is now roughly ... Read Full Story »
The FOMC made its rate cut today and delivered on 0.50% on both the FED FUNDS and on the discount rate, so now Fed Funds will be targeted at 3.00%. ... Read Full Story »
There is no question about Fed Fun Futures showing a 100% chance of a rate cut at 2:15 PM EST today. The verdict awaited is whether we see a 50 ... Read Full Story »
Yesterday's FOMC emergency intervention of 75 basis point rate cut to 3.5% was believed to be part of a global coordinated rate cut effort in effort to stave off loan ... Read Full Story »
The Federal Reserve has decided to finally take action to at least catch up to the markets with an inter-meeting emergency rate cut. The FOMC has announced a 75 basis ... Read Full Story »
Today is going to be a critical day in the financial markets. U.S. markets were closed on Monday while it was a financial blood bath on Monday in the E.U. ... Read Full Story »
The FOMC did just come out and issue its discount on interest rates today. We saw a 0.25% RATE CUT FED FUNDS and we saw a 0.25% RATE CUT ON ... Read Full Story »
We do not have the final numbers in for today, but as of yesterday the 30-day FED FUND FUTURES contract wasn't deciding IF the FOMC would cut rates. It showed ... Read Full Story »
Minutes of the Federal Open Market Committee from the September 18, 2007 meeting that were released October 9, 2007.... We glanced over the notes and here are some quick standout ... Read Full Story »
Today was the planned FOMC decision on interest rates and it seems there was a split between those looking for 25 or 50 basis points. We were in the latter ... Read Full Story »
On tonight's MAD MONEY on CNBC, Jim Cramer said the FOMC meeting today was good after he considers it and was actually reassuring for 3 reasons: It is good to ... Read Full Story »
The FOMC has spoken, and as expected rates were left unchanged at 5.25%. Here were they key phrases we looked at:The Federal Open Market Committee decided today to keep its ... Read Full Story »
Tomorrow is going to be an interesting day after a massive rally Monday. The market is going to be looking to the FOMC for soem stability on the economic outlook ... Read Full Story »