The Fed is not committed to cut interest rates again.

<P>: Http://finance. Inquiry, the Federal Reserve surprised Wall Street, the number of times so not many, and in September by 50 basis points of rate cuts is one of them. .Why the Fed is expected to move over to this? .9 October the Fed's Sept. 18 monetary policy meeting minutes showed that Fed officials worried about the credit market turmoil will lead to economic slowdown is the main reason for interest rate cuts, despite the economic slowdown in their specific time, "very uncertain." .All members agreed that the best practice is to cut interest rates by 50 basis points to 4.75%, the market earlier than expected 25 basis points. .</ P> <P> subprime mortgage crisis, the August U.S. stock market volatility, stock market volatility makes the repeated expansion of the subprime mortgage problems, the U.S. economic outlook appeared bleak omen. .Open Market Committee said that if not cut rates, they worry about "tightening credit conditions, housing market continues to adjust production and employment will lead to even greater range of weakness." .9 minutes of the meeting showed the Monetary Policy Committee members are concerned about market volatility may continue and even worsen. .In addition, members also believe that the U.S. housing market "remain exceptionally weak" and "While subprime mortgage rates reset, foreclosures accelerated, still downside risks to the real estate market" .. .</ P> <P> Although the Fed has more to worry about the U.S. economic outlook, but inflation was slightly self-confidence. .Fed favored excluding food and energy price index in August rose 1.8% YoY, the first 3 months in a row at 1-2% accepted by the Fed's "comfort" range. .Meeting minutes show that Fed officials "somewhat confident" fall in the index "will continue." .The labor market for August 4, the first decline in years, employment data, a slight suspicion Open Market Committee. .In addition, the minutes also showed that Fed officials will continue to inflation, labor costs and the weak dollar attention. .</ P> <P> Although the 50 basis point cut in interest rates "red envelope" is not a light weight, but the September data released by the Federal Reserve has also been given generous "rebate." .Manufacturing and service industries continued to grow in September, while employment in September rose to 110,000. .Cut interest rates in the day, the Dow Jones industrial average rose 300 points to, and then rising to the current 14,000 points. .San Francisco Fed President Janet Yellen 9, said a liquidity squeeze is "gradually ease," although the market will not immediately "back to normal." .Louis Federal Reserve Chairman 席威廉普尔 also believes that financial markets have stabilized, but "not back to normal and remains weak." .</ P> <P> As to whether the Fed will continue to cut interest rates next, Oct. 9 meeting released to The Wall Street did not leave any commitment, Fed officials are only diplomatically, kicking the problem back to the market. ."We do not know the financial market in the future will evolve, and we do not know the family and the operators will make the face of what the financial market reaction," Fed Vice Chairman Donald Kohn said last week in Philadelphia, "but we do .need agility to adapt our policy to promote economic growth and price stability. "and indicates the minutes, Fed officials do not want to cut interest rates again, investors are guaranteed. .</ P> <P> face meeting rate cut in on the issue again is not clear, not only frustrated by Wall Street, on the contrary, some market participants but also because the minutes did not cut interest rates again reveal the "hostile" and feel happy. .In this context, the Dow Jones industrial average and 9, the S & P 500 index both hit a new high. .</ P>.