Fed corta taxa de juro em 75 bp!

[Brokas]

Desenvolvimentos a seguir...

[Brokas]

Leaim tudo pq é importante:

Jan. 22 (Bloomberg) -- The Federal Reserve lowered interest rates in an emergency move for the first time since 2001 after tumbling global stock markets and a jump in the U.S. unemployment threatened to push the economy into recession.

The central bank lowered the benchmark overnight lending rate to 3.5 percent from 4.25 percent, the Federal Open Market Committee said in a statement in Washington. Policy makers weren't scheduled to gather on rates until Jan. 29-30.

``While strains in short-term funding markets have eased somewhat, broader financial market conditions have continued to deteriorate,'' the Fed said in a statement in Washington. The FOMC took the action ``in view of a weakening of the economic outlook and increasing downside risks to growth.''

Policy makers set aside concerns about inflation to lower borrowing costs for the fourth time since September after unemployment hit a two-year high and U.S. stocks slumped. Chairman Ben S. Bernanke shifted the Fed's stance to a more- aggressive approach in remarks this month citing a need for ``decisive and timely'' action.

Yesterday, almost half of the world's biggest stock indexes fell into a bear market as mounting concern about a U.S. recession dragged down banking and retail shares across Asia, Europe and Latin America. Today, futures pointed to the biggest decline in the Standard & Poor's 500 Index since September 2001.

The Fed Board of Governors, in a related move, lowered the so-called discount rate on direct loans to commercial banks by a 0.75 percentage point to 4 percent.

Poole Dissent

The FOMC vote was 8-1, with St. Louis Fed President William Poole preferring to wait until the regularly scheduled FOMC meeting. Fed Governor Frederic Mishkin was absent and not voting.

Today's so-called inter-meeting rate cut is the first since Sept. 17, 2001, when the Fed lowered borrowing costs in the aftermath of the terrorist attacks six days before. That was the third emergency reduction in a year which saw the last U.S. recession.

Bernanke warned in a Jan. 10 speech and again in testimony to Congress Jan. 17 that the 2008 economic outlook had worsened and ``the downside risks to growth have become more pronounced.'' Still, he said the Fed wasn't forecasting a recession this year.

Retail sales fell last month, unemployment rose, and housing markets are mired in the worst slump in 16 years. Homebuilders broke ground on the fewest homes since 1991 last month, Commerce Department figures showed Jan. 17. Building permits, a sign of future construction, declined by the most in 12 years, suggesting the housing slump will deepen.

Bank Lending

Bernanke told legislators at the House Budget Committee that banks were trying to protect asset quality and funding, and tightening credit conditions for the rest of the economy as a result. ``Banks have also evidently become more restrictive in their lending to firms and households,'' he said.

Fed policy makers have warned that housing will continue to be a damper on growth. Richmond Fed President Jeffrey Lacker said Jan. 18 that didn't expect homebuilding to ``bottom out'' in 2008. Bernanke said the day before that housing markets ``may continue to be a drag on growth for a good part of this year.''

In his Jan. 17 congressional testimony, Bernanke also endorsed the idea of a fiscal-stimulus package of as much as $150 billion to help revive economic growth, assuming the spending is quick and temporary. The next day, the Bush administration proposed a growth package of as much as $150 billion, without offering specifics.

[bric]

 

Agora é que vão ser elas....!! muito

ouro

[domingos]

EI "Malta"... Lá estam eles a colocar o dinheiro mais barato como estava previsto... e escrito.... quando deveriam era colocar o dinheiro neste jogo para equilibrar e dizer a todos nós que isto é um jogo......

[Semitela]

Daqui por uma semana vem outro corte .

Go go Euro , Go go gold

[rounders]

Boas,
Quando começam a ficar á toa é assim.
Então estava tudo controlado 0.75%.
Não acham pouco?
Eu pensei que ía logo cortar 2%.
Vamos ver se o mercado não responde que já estava encaixado.
Desculpem quem têm papel.
Agora é que não tenho mesmo pena nenhuma nos states.
E não fico mesmo nada admirado de ver isto a cair a pique mas de uma maneira.
É mesmo muito mau.
O Semitela estes gajos é que são uns palhaçitos.
Se alguem os OPA-SE É QUE FAZIA BEM
Os gajos do FED são uns tristes e se juntarmos o Presidente aí Jesus.
Todos juntos dava para aí um "Burromerdoquilo"
Cortes?
Vai ser uma maravilha para a inflação.
Vamos ver quanto tempo conseguem aguentar os mercados.
É destas coisas neste momento é que tenha medo.
Querem controlar um monstro chamdo bolsa.
Ainda não aprenderam?
Panos quentes 
Isto é a cereja no topo do bolo para quem está bear.
O que vão fazer a seguir?
Mais um corte e quando não conseguirem curtar?
Vamos  embora bancos centrais.
A força do mostro é superior a todas as coisas existentes na terra.

Estava a acabar o texto olhei para o lado e havia não sei vindo de ontem um chapa dizia assim " OFICINAS SENHOR DOS AFLITOS"
É o melhor para retratar o dia de hoje.


Antenciosamente,
Rounders

[bric]

Bloomberg.com
Tice Says Stocks Still Too High, Dow to Fall 5000 Points

[Brokas]

De facto julgo que este corte não terá beneficios futuros, sendo mais uma medida de reacção precipitada por parte do Fed...

[DUARTINI]

Se os EUA estão em recessão técnica, diminui a produção industrial. Logo ñ será lógico que a FED baixe o preço do dinheiro de modo a estimular as exportações? Podem dizer que é o caminho mais fácil. No entanto penso que seja o mais acertado a fazer.