Real-time, stream-of-consciousness insights on financial markets, economics, policy, housing, politics, and anything else that captures my interest. Tweet @cjoye
Tuesday, May 1, 2012
Prof. McKibbin's interest rate chances: 25 cut, but hike more likely than 50 cut
Pretty interesting--this is what he thinks they "should" do...Prof. McKibbin attaches a higher probability to a 25 hike than a 50 basis point cut...
