Excerpt from: Bonds and Interest Rates CFDs and Spread Bets
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| August 22, 2007 | | Spread bets and CFDs on interest rates | Spread betting and contracts for differences on U.S. interest rates should consider that Fed chairman Ben Bernanke is prepared to perform a Federal Reserve interest rate cut if it is rendered necessary by a serious recession in the U.S. economy. Inman News reports on the possibility of a change in U.S. interest rates:
Expectations that the Federal Reserve will
cut the federal funds rate this year rose Tuesday after Sen. Chris Dodd
said Fed Chairman Ben Bernanke is "prepared to use all the available
tools at his disposal" to keep money flowing to mortgage lenders. | | |
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