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Thread: Will US cut the interest rate???
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[quote=DREAMLIFE,246080]Yesterday, Bernanke warned that the crisis of confidence in credit market might last than any other financial shocks in the past. He says the crisis may last two years. It seems that US has met a great difficulty. Investors hope that the Federal Reserve could cut the interest rates to reduce their risks. The job report released last week attributes to the sharp drop of dollars. If the Federal Reserve decides to take this measure to cut the interest rate, more pressure will be put on the dollars. The direct of interest cut is dropping of US dollar and trigger inflation. Almost all investors think that the Federal Reserve may be forced to cut the interest rate 25 base points or 50 points. But who knows? Guess is guess. Lets' wait and see what measures the Federal Reserve will take to save the credit market.[/quote]
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