The #Fed will have a hard time backing out of a December rate hike. That said, Yellen's capable of not doing anything, lol.
#Hilsenrath is really not indicating anything new and the Federal Reserve continues to push that it may raise rates at any time as they have been doing for years now. #Obfuscation or more simply lying is the path of this Federal Reserve. Don't pay attention to the gibberish and expect a miniscule raise in December which may even be taken off the table. Yellen will do nothing significant until it's too late. Then pray since the Federal Reserve can't drop rates substantially to head off even the mildest downturn.
Why Hilsenrath Just Hinted That A Rate Hike Is Coming
The #Fed will have a hard time backing out of a December rate hike. That said, Yellen's capable of not doing anything, lol.
#Hilsenrath is really not indicating anything new and the Federal Reserve continues to push that it may raise rates at any time as they have been doing for years now. #Obfuscation or more simply lying is the path of this Federal Reserve. Don't pay attention to the gibberish and expect a miniscule raise in December which may even be taken off the table. Yellen will do nothing significant until it's too late. Then pray since the Federal Reserve can't drop rates substantially to head off even the mildest downturn.