|
||
Relevant: |
2008-10-18 — ft.com
Er, no: “the desired effect on Libor†is not a 9bp drop from 4.64% to 4.55%. The desired effect on Libor is to get it down to below 2% — something which would normally be entirely reasonable when the Fed funds rate is 1.5%.
source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |