Added on December 17, 2008, 3:12 pmThe market seems to be quite weak given the reduction of interest as much as 75BPS...
Good things about this is that the policymaker is intact to save the economy....
Bad things about this is that the room for the policymaker to save the market will be lesser due to current U.S interest rate which is currently as low as 0~0.25%... in order for the policymaker to further boost consumption or liquidity into the market, the policymaker have to put interest rate into the negative territory...
any comments from anyone else?? pls advise
Added on December 17, 2008, 3:44 pmU.S reduced the interest rate of as high as 75BPS to 0% of 0.25%....
Good thing about this is the policymakers is policymakers are willing to save the economy from being worsen...
Bad thing about this is there is very less room for the policymakers to further boost consumption or liquidity into the market...
pls advice if there exist any other comments...
This post has been edited by Sleepy^Speculator: Dec 17 2008, 03:44 PM
Dec 16 2008, 03:42 PM
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