Polls shows that 65% of you believe Fed will act before next meeting
Our recent poll at fakeben.com shows that 65% of you believe the Fed will act before their next meeting on January 30th. Please visit to participate in more polls.
The poll result is consistent with the futures traded on the CBOT. December futures indicate a good chance of a rate drop BEFORE the end of the year. January futures also indicate the chance of a rate drop before the next Fed meeting. February futures indicate near certainty the Fed will lower another 25 bps at the January meeting.
It seems as if the markets and banking system are still very much addicted to lower interest rates and more liquidity. Obviously, Ron Paul's message hasn't spread far enough yet!
Please help in our polls at fakeben.com