You Can Now Place A Bet On Paddy Power On When The Fed Will Taper
Advertisement
Paddy Power - the source for all your Federal Reserve novelty betting - now has a line on when the Fed will begin to taper quantitative easing.
Advertisement
The central bank shocked markets 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 current odds on Paddy Power (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
Place your bets at Paddy Power »
Advertisement
Advertisement
- Stock markets stage strong rebound after 4 days of slump; Sensex rallies 599 pts
- Sustainable Transportation Alternatives
- 10 Foods you should avoid eating when in stress
- 8 Lesser-known places to visit near Nainital
- World Liver Day 2024: 10 Foods that are necessary for a healthy liver