Tag Archives: Federal Open Market Committee

BetFair accurately predicted the direction of the interest rate change, but was too shy in its prediction of the amplitude of the interest rate change.

BetFair predicted: -0,25 The Fed decided: -0.50 That’s for the absolute accuracy. Now, what counts is the relative accuracy —the comparison between the prediction made by BetFair and the predictions made by the financial markets experts. I see that the … Continue reading

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BetFair predicts: US Federal Funds Rate = 5%

What will be the change in US Federal Funds Rate at this month’s scheduled Federal Open Market Committee (FOMC) meeting? FOMC – September FOMC Current Rate 5.25% . – 0.25 UPDATE: BetFair accurately predicted the direction of the interest rate … Continue reading

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The US Federal Reserve Cuts Discount Rate.

Wall Street Journal: The Federal Reserve has taken an intermediate step, cutting its discount rate to 5.75% from 6.25%, in order to “to promote the restoration of orderly conditions in financial markets.” Basically, it’s the closest possible thing to an … Continue reading

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The market stumbled as Wall Street seemed to grasp that the Federal Reserve is in no hurry to lower interest rates.

Wall Street Journal: The signs came early, starting with a speech before the markets opened by the Fed chairman, Ben S. Bernanke, that hinted the central bank was comfortable in its current monetary policy groove of holding rates steady at … Continue reading

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HedgeStreet now lets you trade on the outcome of the Federal Open Market Committee’s setting of the Fed Funds. Rate

You can now trade on the outcome of the Fed Funds Rate over the following 4 FOMC meetings: – May 9, 2007 – June 27/28, 2007 – August 7, 2007 – September 18, 2007 HedgeStreet

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