Excerpt from:  Bonds and Interest Rates CFDs and Spread Bets
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October 04, 2007

Fed Rate Cut Predicted

Spread betting and contracts for differences on interest rates
While ECB and BoE interest rates remain the same today, a Fed rate cut is expected by the end of the year. Spread bets and CFDs should consider that many analysts still think that the Fed will institute another rate cut by year's end, possibly even by the end of October. The International Herald Tribune reports on the Fed rate cut:

"There's still consensus that we'll see at least one more rate cut from the Fed before the year end and this has likely been fully priced in now," Hughes said.

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