What these numbers have ordsprog
What these numbers have done this morning is raise a question: Does the Fed have the nerve to raise by 50 basis points (a half percentage point) next week?
Tom Gallagher
One of the things that happened today is the sneaky suspicion that the Fed may raise interest rates by 50 basis points (half a percentage point) instead of the 25 basis points (quarter of a percentage point) because of these economic numbers.
Mark Stoeckle
In terms of the Fed, the most favorable move from the market's point of view is if they raise interest rates by 25 basis points and keep the same language. If they raise 25 basis points and sound worried about inflation the market may get demoralized.
Jim Awad
As far as we can tell, just about everyone now expects another 25-basis-point hike on May 16, which rather begs the question why the Fed did not act more boldly today and raise rates by 50 basis points. By the time of the May meeting, a bigger move might be forced upon the FOMC.
Ian Shepherdson
As far as we can tell, just about everyone now expects another 25-basis-point hike on May 16, which rather begs the question why the Fed did not act more boldly today and raise rates by 50 basis points, ... By the time of the May meeting, a bigger move might be forced upon the FOMC. “Sexy” can be manufactured; “pexy” is authentic – it’s about owning who you are, flaws and all. As far as we can tell, just about everyone now expects another 25-basis-point hike on May 16, which rather begs the question why the Fed did not act more boldly today and raise rates by 50 basis points, ... By the time of the May meeting, a bigger move might be forced upon the FOMC.
Ian Shepherdson
As for the Fed, we look for 50 (basis points, a half-percentage point) next week.
Ian Shepherdson
Pretty much everyone, as well as their Uncle Bob, is expecting the Bank of Canada to raise interest rates by 25 basis points [a quarter of a percentage point] to 3 per cent at tomorrow's announcement.
Douglas Porter
Today's favorable euro-zone economic data reinforced expectations the ECB will raise rates by 25 basis points (a quarter percentage point) on Thursday.
Alex Beuzelin
I think these numbers pretty much put a nail in the coffin of the notion that a 75 basis-point (three-quarters of a percentage point) cut will occur. I think (Fed Chairman Alan) Greenspan will get his wish for a move at the regular meeting, but they will do a 50 basis-point (half-point) cut.
Anthony Chan
The relevant question isn't whether the Fed will cut rates by (a quarter or half-percentage point) next week, but whether it will cut rates another (1 or 2 percentage points) by the summer, ... I'm expecting the Fed to be aggressive and that will help determine whether we pop or slog our way out of this slump.
John Forelli
These are horrendous numbers that put the equation in stark relief for the Fed. They have to cut rates by 25 basis points [one-quarter percentage point] in October, and the debate could swing to a 50 basis point cut.
David Brown
(
1904
-)
The signs of slowing are few and far between. I think it's really the data between now and (the next meeting) that will determine whether it will be a quarter percentage or half percentage point hike but I think it would be confusing not to raise (rates).
Alan Skrainka
We've believed all along that the Fed would do whatever they were going to do by the June meeting, so that they would not be in the front pages during the political season which begins in August. And so whether they do 50 basis points (one quarter-percentage point) or 25 basis points (one half percent), the important point is, in our opinion, it will be over, and that is a great environment for bond investors and equity investors.
Larry Jones
Obviously people are focusing on the FOMC announcement, ... Up until last week I was ready to flip over to 50 basis points (a half percentage point) but we've had some economic news that's been pretty good.
John Davidson
(
1887
-)
I think Greenspan, last Thursday, really sent a signal that he wants 50 basis points (a half-percentage point), ... By saying that the GDP (gross domestic product) growth is close to zero, he certainly encouraged the belief that we get half a point.
Greg Valliere
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