Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

Iraq Dinar/News is a popular topic among many topics this board offers. You must log in to see and participate in our Dinar sections.

Your welcome to be apart of Anesis Club (Private) after at least becoming a FREE Rookie in my Network at this link https://www.onelife.eu/signup/nenosplace

Neno

I can be reached by phone or text 7am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2017


Yellen Argues for Gradual Rate Hike

Share

Lobo
Moderator
Moderator

Posts : 20960
Thanked : 984
Join date : 2013-01-12

Yellen Argues for Gradual Rate Hike

Post by Lobo on Tue 24 Nov 2015, 12:43 pm

Yellen Argues for Gradual Rate Hike

Posted on November 24, 2015 by Martin Armstrong


The expedited meeting at the Fed unnerved many. While no economic policy change should be expected before the December 15-16 meeting, the Fed is clearly not in the camp of negative interest rates. They are looking to raise rates to aid pension funds and you cannot lower rates to “stimulate” the economy (although that never works anyhow) unless you raise rates first.
The Fed’s October meeting, as well as speeches by various Fed officials, all clearly hinted that a December rate hike is likely to be in the works. Today’s meeting saw Janet Yellen, the Federal Reserve Chair, argue for gradual rate “normalization” as she called an interest rate hike “appropriate” provided they continue to see progress toward labor and inflation goals.
This entry was posted in World News and tagged Fed Rate Hike, IMF, rate normalization, Yellen by Martin Armstrong. Bookmark the permalink.

    Current date/time is Tue 28 Feb 2017, 1:59 am