Ini kan baru discount rate udah pada panik, kalaupun the fed fund rates yang naik nggak masalah. Gw ada tuh chart the fed fund rates vs. S&P500 di http://tradergila.com, justru ketika the fed fund rate mulai naik saham naik.
On Sat, Feb 20, 2010 at 12:15 AM, <bayu_kusuma_wardh...@yahoo.com> wrote: > > Feb. 19 (Bloomberg) -- The Federal Reserve’s decision to raise the > discount rate is a signal that “the financial crisis is largely over,” said > Mickey Levy, chief economist at Bank of America in New York. > > “It’s time to normalize things,” Levy said today in an interview on > Bloomberg Radio. The Fed started lowering the rate on direct loans to banks > when the financial crisis erupted in August 2007 and threatened the global > banking system. > > Central bankers will raise the benchmark federal funds rate on overnight > loans between banks “when they’re convinced the economic recovery is > sustainable,” Levy said. The overnight rate has been close to zero since > December 2008. > > The quarter-point increase in the discount rate to 0.75 percent is the > first since June 2006. The central bank announced its decision yesterday > after the close of trading in New York. > > “The Fed, during the financial crisis, lowered the discount rate relative > to the federal funds rate as part of their providing excess liquidity to the > markets,” Levy said. > > “Now that those excess liquidity facilities have run off, and we’re not in > a financial crisis anymore, it’s quite natural to move back toward normalcy > in the spread between the discount rate and the funds rate,” he said. > > “Any bank in a non-crisis situation is not borrowing at the discount > window unless they’re in major trouble” and as a result, the increase in the > discount rate “doesn’t mean that much,” Levy said. > > (In the U.S., hear Bloomberg Radio on satellite radio: Sirius Channel 130 > and XM Channel 129. In New York City, tune to WBBR 1130 on the AM dial.) > > To contact the reporters on this story: Vincent Del Giudice in Washington > vdelgiud...@bloomberg.net ; Thomas R. Keene in New York > tke...@bloomberg.net . > > === > Sent from Bloomberg for Blackberry. Download it from the Blackberry App > World! > > > > Powered by Telkomsel BlackBerry® > > ------------------------------------ > > + + > + + + + + > Mohon saat meREPLY posting, text dari posting lama dihapus > kecuali diperlukan agar CONTEXTnya jelas. > + + + + + > + +Yahoo! Groups Links > > > >
