OCT Statement Archive
FOMC
Fed, Inflation, Interest Rates
Dec 11, 2007
(interoffice email) > Dovish statement not matched by actions (no lowering of FF-Discount Rate > spread). As Tom Brady recently commented, “Well done is better than well > said”. Yes, seems they ignored the FF/LIBOR an year end issues in general. After two cuts in the FF and the discount rates that
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