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Wednesday, January 23, 2008

Fed Funds: Market Expects 50bps Cut Next Week

by Calculated Risk on 1/23/2008 10:36:00 AM

Cleveland Fed Funds Market Expectations Click on graph for larger image.

According to the Cleveland Fed, the market expectations are centered on an additional 50 bps cut in the Fed Funds rate on January 30th 31st to 3.0%.