[plain talk]

I am not one to usually be into conspiracies etc but I will throw this out FWIW ... This democrat administration has added so much debt that it cannot afford to have interest rates rise due to the impact on interest. Interest alone would consume much of the budget. Clinton had refinanced a lot of debt to short term. Not sure where that stands right now and how much low interest rates were locked in during Bush & Obama administrations

I would not be surprised if the Fed is under immense pressure to NOT raise rates. Pressure like that can take many forms ..

[laplata]

I agree. The Fed has lost any remaining control they had.

I don’t know when or how but something has to give. And it won’t be good.

[quantumman]

The Fed does not lead in raising rates. It is almost always true that it follows the capital markets., i.e. the bond market, in raising interest rates.