Relevant:
- Agreement on September Rate Increase Eludes Fed; "Standoff" With Stock Market Develops
- FOMC's Window of Opportunity for Rate Hike Now Closed
- The Implied Probability Of A March Rate Hike Just Hit 100%: Winners & Losers
- Fed Ends Zero-Rate Era; Signals 4 Quarter-Point 2016 Increases
- Global markets curbing enthusiasm ahead of Fed meeting
2007-10-22 — wsj.com
"Friday, futures markets were implying a greater than 90% chance of a quarter-percentage-point rate cut, to 4.5%. Behind this view: Mounting troubles in the housing market and a growing sense that the financial turmoil that ripped through credit markets hasn't gone away as quickly as some investors were starting to believe after the Fed's September rate cut."
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