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Heading into this week's rate decisions, swaps are pricing a 36% chance of a rate cut from the...

Heading into this week's rate decisions, swaps are pricing a 36% chance of a rate cut from the ECB (Thursday), a 15% chance for the RBA (Tuesday), and a 8% chance for the BoE (Thursday), notes John Kicklighter. The ECB chance seems low given the rush last week of forecasters expecting a cut. The BoE may not move on rates, but additional QE is very much on the table.
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Comments (3)
  • montanamark
    , contributor
    Comments (1444) | Send Message
     
    translation: on thursday the euro zone might be saved again and "fixed" (thats the 27th time in the last 6 mos)
    2 Jul 2012, 03:41 PM Reply Like
  • into dark shadows
    , contributor
    Comments (392) | Send Message
     
    Cut away boys!
    It will do not a gosh darn thing to help your average working man / woman and the plight your intrusion into the once "Free Market System" has loosed on them!

     

    Now the bankers and hedge fund minions who bankroll your failed policies,
    I suspect they will do just smashingly!

     

    Smoke 'em if you got 'em boys!
    2 Jul 2012, 03:43 PM Reply Like
  • Brian Bobbitt
    , contributor
    Comments (2007) | Send Message
     
    There is a 50% chance of this author being right half the time.

     

    Spin the wheel Sam.

     

    Capt. Brian
    The Lost Navigator

     

    PS, A Mayan friend of mine who lives in Mexico was turning to drink, thinking about his calander. I told him, to "buck up", it ain't the end of the world.

     

    PSS What to so, simple buy PM's, REITs, Including PSEC, and learn to hedge your bets due to gurus who have to guess because they have no time machine.
    2 Jul 2012, 03:55 PM Reply Like
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