How much will US interest rates move this year?
Available to trade:
| POSSIBLE ANSWERS | PREDICTED VALUE | TODAY |
| 97.00 | (closed) |
Question closing
December 31, 2008 @ 11:59pm PST
discussion
You must be logged in to submit a comment.
Reasons for Prediction
"fed to cut rates to stimulate gdp/spending"
September 15, 2008 @ 06:19am PDT
price chart
You need to upgrade your Flash Player to view the Inkling graphs.
More information about the possible answers
US interest rates
The Federal Reserve dropped US interest rates to 2% in April as it continues to try and avoid a US recession. It was the seventh rate cut since last September when it was 5.25%. With rates where they are and the continuing housing market downturn will the Fed continue to cut them or will the recent tax rebates kick in to boost consumer spending?
For the purposes of this market $1 = 1 Basis Point. 1 Basis Point = 0.1. A change of 1 would then be 100 basis points or $100.
Read on the US economy at a glance.