Urgent: The Fed lowers interest rates 0.75 points.

Measure of "Helicopter" Bernanke who does not hesitate to continue injecting money to calm the stock markets, consumers and generally to the economy. Discount rate to 3.5%

Good dose of Valium for the markets.

Result: They climb up the bags and get in the euro. Moment of the future of the U.S. stock market fall, but it was expected.

Full text of the EDF:

"The Federal Open Market Committee has decided to lower its
target for the federal funds rate 75 basis points to 3-1/2 percent.
The Committee took this action in view of a weakening of the economic outlook and increasing downside risks to growth.

While strains in short-term funding markets have Eased somewhat, broader financial market conditions have continued to deteriorated and credit has tightened further for some businesses and households. Moreover, incoming information indicates a deepening of the housing contraction as well as some work in Softening markets.
The Committee expects inflation to moderate in coming quarters, but it will be necessary to continue to monitor inflation developments carefully.
Appreciable downside risks to growth remain. The Committee will continue to assess the effects of financial and other developments on economic prospects and will act in a timely manner as needed to address those risks "

Written by Carlos Lopez on Jan. 22, 2008 with 176 points.
Read more articles on Euribor

[+] Reddit: This article stresses
[+] Del.icio.us: Add this article to Favorites
[+] Furl: Add this article to Favorites

Always negative, never positive (November 17, 2008)
Comment of the week (November 16, 2008)
The week in the markets (6-13 Nov) (Nov 14, 2008)
Real CPI (Nov. 13, 2008)
The economy of Homer (III) (November 12, 2008)

Pages: [1] 2 3 4 '

176 reviews

Read the comments left by other users below, or:

Leave your comment

Pages: [1] 2 3 4 '

# 1, almeria

January 22, 2008, at 14:31.

Mother of mine that this is the wrong thing. This fatal thing, fatal fatal.

Ahead of time unemployed impressive, and the worst ESTANFLACCION.

Not even if money is put money in banks, or have EUROS in the mattress .... God caught confessed.

# 2, GarantiasBanKA

January 22, 2008, at 14:39.

As our leaders declare q ESTANFLACCION the thing we are very malita pq leave us very clearly q our future is in hand does not know about donkeys q q is esbribe with a C.

# 3, saver

January 22, 2008, at 14:40.

I have mortgage, but also have some savings (30,000) amortize that I do not want to take a mattress for future expenses (car ... etc).
I've been tempted many times to invest much in bag, with the theme of Criteria director of the bank my office gave me quite the Tabarre, but my mentality has made it conservatively invested in deposits with a return around 5%

The bag is a bet with a high risk factor.

Sorry but I do not give the penalty they have lost money if they had invested over 1 year ago the only thing they have done is not winning, so it is not so much for

greetings to all

# 4, moebius

January 22, 2008, at 14:43.

Tomorrow Historic bajadón Euribor, apart from that as you curve
Daily, it seems that are already anticipating a cut of a quarter-point for the month of February, because it is not a logical eruribor 12 months, above the 0.30 rate of the central bank.
Inevitably, is about 0.5 (4,25-0,5 = 3.75).
I have come either by the mortgage, but as things are going, we can start worrying about jobs?
I hope not

# 5, moebius

January 22, 2008, at 14:45.

I am with saver, I think that is going to amortize the end and I will devote the banking (jumping on deposit in deposit), the eye of 11 monthly and 12% of Bankinter.

# 6, laia25

January 22, 2008, at 14:45.

Mama mia! That hustle ...

Please, someone who understands the topic I can explain that this entails lower rates of the EDF?

thanks,

# 7, THE RED

January 22, 2008, at 14:56.

despite the run of 0.75, let's RED winner. The future of Wall Street show falls of 3%.

DIOS MIO ZP to speak again:
http://www.invertia.com/noticias/noticia.asp?idNoticia=1887353

# 8 saver

January 22, 2008, at 15:02.

In the bag about what they earn, others lose and vice versa.
In my case during 2003, invested in stock exchange (Telefonica to an average of 9.5 to 7.8 and Santander), and last month, I sold everything in 4 years with earnings in excess of 100%, despite the fact that there were times when lost, we must have patience and think long term, it is time to sell and another takes the last euro.

It is clear that the stock market now is in a downward cycle, we have to wait until this is over, stabilizes, and when there is a change of course, believe in, also believe that another takes the first euro.

# 9, Carlos23

January 22, 2008, at 15:13.

incredibly amazing, we have a good week ahead to learn and study.

I do not miss anything. greetings to all

# 10, jdx

January 22, 2008, at 15:15.

jejejeje CLOPEZ, very good in the end you have given in to my initiative of the interim half of the month .... fairy tale!

for the club of alcohol by the happiness of cava, for tomorrow as we would have to uncork a couple of bottles of champagne, because it gives me q tomorrow is going to put the 4.2, but at the same time .... juas jasu

bubbles with everything looks different, the Euribor in a downward linia ...

# 11, jdx

January 22, 2008, at 15:18.

what we hope and pray that the thieves of the second row (tankers), and much lower the price of gasoline, because crude oil has dropped 13 bucks in a few days, which is the 95th that would have put a 1 Eurit low, no ? so help to lower inflation, and may get off the bread and milk that the mother of all pari!

the rabble looking for flats on sale at 50%, and not find them ..

# 12, sam

January 22, 2008, at 15:19.

I am left with the valuer, a precursor to writing. As I go wrong valuation is not even if I accepted credit
We have to j .... ERSE!

# 13, Resignao

January 22, 2008, at 15:19.

clopez, what happens that is not updated chart of the indexes of Wall Street?

# 14, tik

January 22, 2008, at 15:22.

(post repeat)

Under http://www.financemarkets.co.uk:

"The Fed Announces a shock three-quarter cut in interest rates. It's an obvious panic move, but no matter how low interest rates are, it's too late to avoid recession. "

What do you think of this interpretation?

# 15, Josemazgz

January 22, 2008, at 15:22.

moebius
January 22, 2008, at 14:43.

"Tomorrow bajadón historic Euribor, apart from that as you curve
Daily, it seems that are already anticipating a cut of a quarter-point for the month of February, because it is not a logical eruribor 12 months, above the 0.30 rate of the central bank.
Inevitably, is about 0.5 (4,25-0,5 = 3.75).
I have come either by the mortgage, but as things are going, we can start worrying about jobs?
I hope not "

It is logical that the Euribor one year is 50 bp above the official price porn, ON STAGE bullish, but we are not. Now, what course, is the official price plus 10 or 15 pb

# 16, Josemazgz

January 22, 2008, at 15:29.

# 332, shell

I must admit that it's tablecloth I think most intelligent comment that I read about you in life.

But you yourself answer: it is not known. A small and imperceptible arruguita on the tablecloth can change everything from one extreme to another.

http://es.wikipedia.org/wiki/Teor% C3% ADa_del_Caos

I see pain, a lot of pain ...

# 17, Attila, King of the year

January 22, 2008, at 15:29.

It is not overheating of the economy, is a crisis of confidence. The small investor is revealed against the big one.

# 18, Liz

January 22, 2008, at 15:30.

Come to think what this is, 0.75 of a stroke, out of the free despeinarse expected and since then ... this gives us an idea of how he stirred the chicken coop ...
As I read that an emergency measure justified by the growing risks on growth also say they foresee that the infación will moderate in coming quarters ...
We'll see if the ECB is just pointing to the fashion or not, and will also be interesting to follow the love story / disaffection euro / dollar.

# 19, Qtd'n

January 22, 2008, at 15:34.

It is understandable that little less so than in just one month Euribor is happening with what is happening, science fiction? no se, but if at the end of 2007, BBVA baticinaba that at the end of the 08 would stay on the Euribor 3.9% and now we have it at 4305%, having met in December to 4.88%, I think that something very serious is happening in the economy or is about to be unleashed what they have been for some time has been provoking.

We are well, Latinos.

# 20, Liz

January 22, 2008, at 15:36.

For those with problems in understanding precisely the economic language in English:

http://www.estrategiasdeinversion.com/view.php?id=22866

# 21, laia25

January 22, 2008, at 15:41.

# 21, Liz

Thank you!

# 22, Carlos23

January 22, 2008, at 15:47.

at this time the nasdaq is losing 3%
A gain of troubled river fishermen say.
The professionals are trying to buy now, retail investors have already lost their savings

# 23, optimist

January 22, 2008, at 15:47.

This paints a lowering of rates by the ECB earlier than expected. I think that since I leo the forum this week is the most interesting of all. I am dying to know how things will be of one month aki ... by the way elections in sight. I bet because things are being exaggerated by fear and aki in Spain (and Europe) did not suffer as much as the other side of the pond, a few months of aki everything will return to calm.

# 24, Carlos23

January 22, 2008, at 15:53.

The ECB has spoken out on something? have to be gathered or something, we are not! that is not spoken more than the fed here and the ECB seems to be a puppet! Trichet where these mamonazo! Get out of the lair!! (This is in the bathroom) often paperboard that this is the hoary

# 25, patriot

January 22, 2008, at 15:55.

The Bank of Canada lower quarter-point type and stays at 4%

# 26, Carlos23

January 22, 2008, at 15:59.

good thing I have to go to the dentist, to see if efore the 19'm back, we are partners!

# 27, laia25

January 22, 2008, at 16:00.

The Dow Jones opened with a fall of 3.6 after the downgrading of the EDF:

http://www.cotizalia.com/cache/2008/01/22/15_street_cotiza_crash_bursatil_futuros_presagian.html

# 28, SirJuan

January 22, 2008, at 16:04.

That my questions may be silly to many but ... should respect the ECB to lower rates for exports are not suffer much? I suppose it will do nothing of urgency as the EDF, but I understand that if we maintain the rates of the USA gonna recession at no cost to our?

# 29, CRISTINA

January 22, 2008, at 16:12.

hello,

I have a question:

I signed the mortgage in May, but since the request in March, I applied the Euribor 4.09 February, but now the site of the electronic banking, puts me next revision 1/5/08 at 6.87%.

Truth be wrong? What it is?

I have it with La Caixa

# 30, Dobletti

January 22, 2008, at 16:19.

Caja Madrid gets a 177% profit over the 2006 through the sale of shares in Endesa (but would have grown 40%) rate of delinquencies rose to 0'9%
http://www.elmundo.es/mundodinero/2008/01/22/economia/1201001916.html
I hope I have good post the link. It seems that this is not the dead

# 31, patriot

January 22, 2008, at 16:22.

To # 29, CRISTINA:
I read up and down the scriptures of the mortgage loan.
So you'll know if this information is wrong.

# 32, EMILIO

January 22, 2008, at 16:23.

Enga, data last minute .. it seems that the decline a little thing:

IBEX: + 0.14
DOW JONES: - 2.87
EURIBOR 12M: 4.23

# 33, Anonymous

January 22, 2008, at 16:23.

A minor question,

if the only goal of the ECB is to control inflation, why would have to lower rates? Or is that the end result that can not be left interest rates at the hands of an agency whose sole mission is to control inflation?

# 34, CRISTINA

January 22, 2008, at 16:29.

Thanks for # 31 patriot,

The problem is that I subrogation to the mortgage builder and tell me on the bench who do not know where the papers.

That when they do not provide papers that subrogation of the mortgage, or studies or anything.

# 35, mario

January 22, 2008, at 16:32.

Cristina Oh ... "roles" of the mortgage, that is the writing of the need to have your mortgage. If not, go running to the notary to get a copy simple.

# 36, HipoTKdo

January 22, 2008, at 16:33.

Cristina

Make "right now" a study with another entity type ING +0.33 E (novation) that if you have passed at least q match the offer you have.

I am not an expert but it can not be very difficult to get a copy of the deed and that notaries are required to save them ...

Good luck. That rate is a scam!

# 37, EMILIO

January 22, 2008, at 16:33.

# CRISTINA

In a great site, aunq is through the website of your bank, if you're banking online, you must place, at least, conditions for revision (when and how).
To me, if I figure, but of course, is not the Caixa. You can see

# 38, CRISTINA

January 22, 2008, at 16:34.

# 35 Mario

I have a simple copy of the floor in which he said meters, location, quantity orders, the guarantee, but does not speak anywhere in the review, nor redemption or cancellation.

That is, I have a simple copy of the floor but not on the mortgage.

# 39, patriot

January 22, 2008, at 16:35.

To # 34, CRISTINA:
I have no experience with mortgage subrogated to the constructor, I hope you can help another Forero. In any case, I imagine it would sign a document which should have a copy. You should require such documentation, to know that you've signed.

# 40, mario

January 22, 2008, at 16:36.

# 33
A minor question,

That problem is that the ECB has, in times "normal" if inflation rises raise rates and that's it. This is great when there is economic growth
But you do if there is inflation but there is no economic growth?
The answer is? Nobody knows. I only say: look what I just do Bernake.

# 41, mario

January 22, 2008, at 16:38.

Cristina:
You can do:
Get a copy of the deed of loan
Get a summary of the bank's conditions (are forced to dartelas). Enterate if it is a mistake or if the interest that was agreed.

# 42, EMILIO

January 22, 2008, at 16:40.

EURIBOR THE ONE YEAR, AT THIS MOMENT, CAE AL 4'20

# 43, CRISTINA

January 22, 2008, at 16:43.

For Mario,

In the bank and I have been and I do not say anything. I have no copy of the papers to sign. It was very rare for a mortgage from the outset. It was not quite up the issue and she swindling and now I am trying to learn, do not give me information.
I might have to sign an interest rate of 6.87 for this year without comunicarmelo?

# 44, Gasoze

January 22, 2008, at 16:43.

writing a new mortgage is usually left the bank.

you do not often give unless you go to the notary and ask for a copy simple!

if it is not a mistake the bank has often plum with you!

# 45, Paku

January 22, 2008, at 16:47.

# 29, CRISTINA

Signed what conditions? I understand that you have a variable interest mortgage, so the revision, but I think a very high rate.
In addition, they can not already know what kind you are going to implement in May. Unless you've recently applied to switch to fixed rate mortgages.
I recommend that you read the conditions, and if you see no clear call Customer Service from your bank.

Greetings,

# 46, Vevical

January 22, 2008, at 16:47.

Hello,
I also subrrogué me to the builder's mortgage and when I signed before a notary whom I explained the conditions were the same, they gave me a simple copy and months, the bank gave me the scriptures of the mortgage together with the floor. It detailed the interest comes when revising monthly installments, cancellation fees, etc..
I think you should go and demands, because now you mortgage is not the constructor.
Greetings

# 47, tik

January 22, 2008, at 16:48.

Cristina:

Go to the notary and request a copy simple. If you do not know who is a notary at a bank or building you should say.

Once you have the copy, then take a look at what you've signed

# 48, optimist

January 22, 2008, at 16:49.

I also think. Cristina, tell your bank what is that you do not have papers? and then tell them to show them that you have a mortgage "???? if you have nothing to justify q you gave him money because these devolvendo? you do not take the hair, spoke with the manager of the branch with not a cashier, and you solve the paperboard now. It is also desirable to have a copy of the signatures (lease mortgage)

# 49, moebius

January 22, 2008, at 16:50.

Mario, poniendote at the worst, it is that you have the Euribor December (4.78) and you have a spread of 1%, you would leave a nominal interest of 5.78 if you add the associated cost of insurance and other life you can leave an APR of about 6% to 6.8 /% goes well. I would go to the notary and request copies of the deed of mortgage, we are talking about a lot of money, we like to put fire to the bank

# 50, Fernando

January 22, 2008, at 16:55.

the ECB to forget inflation, that with this panorama in the U.S., and may be thinking about lowering interest rates, as they will raise prices in the future, if ever there is less money in the pockets of most workers,

Pages: [1] 2 3 4 '

Leave your comment ...

Remember: Never write on hot, think, breathe ... and do not feed the "Trolls"

You can use these tags XHTML: <a href="" title=""> <ABBR title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <'s datetime = ""> <em> <i> <q Cite=""> <strike> <strong>.