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You Can Now Place A Bet On Paddy Power On When The Fed Will Taper

You Can Now Place A Bet On Paddy Power On When The Fed Will Taper

Paddy Power - the source for all your Federal Reserve $4 - now has a line on $4.

The central bank $4 last week when it announced it would not reduce the rate at which it is purchasing mortgage bonds and Treasury bills. Most analysts had expected the Fed would reduce the $85 billion a month program by around $10 billion.

So market watchers have been left guessing when exactly the Fed will make the taper announcement.

Here are the $4 (granted there's no way to know how liquid this market is):

  • October: 13-8
  • November: 4-1
  • December: 7-2
  • 2014 or later: 15-8

$4

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