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|User Info||Friday Financial Roof Fire; entered at 2007-08-04 00:55:55|
Eh, at this point it's above my paygrade to judge, see the FED has to worry about more than just Wall Street here, sure they may be relieved but what would the exchange markets view it as?
Those investors are a little more savy and only concerned with our currency, such a signal could be seen as panic, which introduces risk that the Carry Trade hates.
I'm just not sure you can view this from that angle alone, I don't think the FED is because I think they know how many fronts this battle is being fought on.