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Fed rate hike may be warranted later this year: Yellen
hirunews.lk ^
| March 28, 2015
| hirunews.lk
Posted on 03/28/2015 6:12:02 AM PDT by John W
An interest rate hike by the Federal Reserve may be warranted later this year, with a gradual path expected to follow, although a downturn in core inflation or wage growth could force it to hold off, the central bank's chief said yesterday.
Fed Chair Janet Yellen said that after the first rate increase a further, gradual tightening in monetary policy will likely be warranted.
She said, if incoming data fails to support the Fed's economic forecast, the path of policy will be adjusted.
TOPICS: Business/Economy; News/Current Events
KEYWORDS: 2little2late
1
posted on
03/28/2015 6:12:02 AM PDT
by
John W
To: John W
...and let them eat cake.
2
posted on
03/28/2015 6:14:07 AM PDT
by
demshateGod
(The fool hath said in his heart, There is no God.)
To: John W
The Euro weinies are in Negative Interest rate territory and we are going the other way? What gives?
3
posted on
03/28/2015 6:16:36 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: John W
Please, please, oh, please let me get through my refinance deal...
4
posted on
03/28/2015 6:17:16 AM PDT
by
Eric in the Ozarks
("If he were working for the other side, what would he be doing differently ?")
To: Eric in the Ozarks
what rate? Go for a rate lock.
5
posted on
03/28/2015 6:19:55 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: central_va
There are so many new federal rules associated with banking and mortgages it would be hard to list them in a Big Chief tablet. We've locked at 3 percent but the “lock” runs out April 15.
We had to go to a”neutral party” to pick an appraiser. The bank can't talk to this guy. The appraiser reneged on his bid because the property is larger than he thought it was.
The bank's underwriter is confused by the distance the appraiser's “comps” are from our place.
it goes on and on; more signatures, gallons of paperwork.
6
posted on
03/28/2015 6:25:04 AM PDT
by
Eric in the Ozarks
("If he were working for the other side, what would he be doing differently ?")
To: Eric in the Ozarks
7
posted on
03/28/2015 6:25:52 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: central_va
8
posted on
03/28/2015 6:26:34 AM PDT
by
Eric in the Ozarks
("If he were working for the other side, what would he be doing differently ?")
To: Eric in the Ozarks
9
posted on
03/28/2015 6:27:07 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: John W
Beware the Ides of September.
10
posted on
03/28/2015 6:27:30 AM PDT
by
exit82
("The Taliban is on the inside of the building" E. Nordstrom 10-10-12)
To: central_va
The Euro weinies are in Negative Interest rate territory and we are going the other way? What gives?I can't say anything about interest rates, but as a general statement:
Europe would like to fix itself, and takes actions which they believe will help them. The Obama Admin is trying to go down a path of destruction, and takes actions accordingly.
11
posted on
03/28/2015 6:27:31 AM PDT
by
ClearCase_guy
("Victim" -- some people eagerly take on the label because of the many advantages that come with it.)
To: central_va
There are a couple thousand in various “fees” including the charge from the appraiser.
You can see why we're getting ancy...
12
posted on
03/28/2015 6:32:09 AM PDT
by
Eric in the Ozarks
("If he were working for the other side, what would he be doing differently ?")
To: ClearCase_guy
If US Dollar continues to appreciate, there would not be inflation (not such a level of an economic revival) to curb through rate hikes.
13
posted on
03/28/2015 6:47:38 AM PDT
by
asrez
To: John W
This is another one of those “SMOKE & MIRRORS” that these “PROGRESSIVES” are playing. You know and I know when they will raise the interest rates. Just as soon as a “CONSERVATIVE” president is elected. By waiting until a “CONSERVATIVE” president is elected, they will “SHOW” the American people, that by electing a “CONSERVATIVE” president, a “CONSERVATIVE” senate and a “CONSERVATIVE” congress means total hardship for the American people. All these “CONSERVATIVE” politicians had better have a plan to overcome and defeat these “PROGRESSIVE” plans
To: gingerbread
Change “CONSERVATIVE” to “REPUBLICAN.”
15
posted on
03/28/2015 7:26:17 AM PDT
by
deadrock
(I is someone else.)
To: John W
Don’t hold your breath. As soon as they announce a hike the stock market will start to tank and they will have to walk it back.
16
posted on
03/28/2015 7:31:43 AM PDT
by
Georgia Girl 2
(The only purpose o f a pistol is to fight your way back to the rifle you should never have dropped.)
To: John W
The Fed can’t raise the rate, they’ve painted themselves into a corner.
They will now threaten to raise the rate “pretty soon” for the foreseeable future, hoping that no one will notice that they never do.
17
posted on
03/28/2015 8:42:25 AM PDT
by
PTBAA
To: PTBAA
Agree. Too many repercussions to the house of cards if they would.
18
posted on
03/28/2015 9:33:51 AM PDT
by
John W
(Recovery Summer VII Coming Soon)
To: deadrock
Should a RINO be chosen as the presidential flag bearer, I don’t think they will do this. It’s the “CONSERVATIVES” that these “PROGRESSIVES” are after
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