Posted on 08/28/2016 3:10:15 PM PDT by Cheerio
JACKSON HOLE, Wyo. (Reuters) - Federal Reserve policymakers are signaling they could raise U.S. interest rates soon but they are already weighing new tools they may need to fight the next recession.
A solid U.S. labor market "has strengthened" the case for the first rate increase since last December, Fed Chair Janet Yellen told a central banking conference in Jackson Hole, Wyoming. Several of her colleagues said the increase could come as soon as next month if the economy does well.
Further rate hikes are expected to be few and far between as the U.S. central bank tries to balance a desire to fuel growth against worries it could overheat the economy.
But Fed officials at three-day conference that ended Saturday also said they need to consider new policy tools for use down the road, such as raising the inflation target or even Fed purchases of non-government-backed assets like corporate debt.
Such ideas would test the limits of political feasibility and some would need congressional approval. The view within the Fed is that it could take effort to win over a public already skeptical of the unconventional policies the Fed undertook during the last crisis.
(Excerpt) Read more at ca.news.yahoo.com ...
WE HAVE TO WIN IN NOV!!!!
no. really. We HAVE TO WIN!!
THAT WOMAN IS A LIAR! The economy is getting stronger. Right. Typical Democrat magical thinking.....if a Dem says it, that makes it true.
I’m buying large into Unicorn futures.
Brave New World? My arse. Had enough of this BS.
Who’s to say the board over at “The Fed” aren’t progressive lefties? Would it be beneath them to play the system for global/political reasons? Will the Trump administration be foiled by an anti-American “Fed”? After all, the Fed created a whole string of depressions and recessions since the Jekyll Island coup in 1910.
Trump will win but brace for an economic downturn that will be blamed on Trump. If Trump does what he says he’ll do, it’ll take about two years to begin seeing results. We need to have patience in the meantime. Reagan did it, so can Trump.
btw, the media and Democrats will be relentless in trying to talk the economy down in their effort to derail the Trump administration.
After the election, the Left will kill the economy and blame it on Trump being elected. Bet on it.
she cant raise rates..everybody knows it but the media lies
Instant recession if she raises..if trump is elected she will so they can blame him..she is a pathetic liberal hack..smart but a hack
I said pretty much the SAME thing a few posts ago :)
Great mind and all.
Let the weak businesses fail. Let the interest rate go naturally to where it should be.
Two years. You’re right
This is really terrifying. They are this close to their NWO. Just inches away. Pray....Trump wins. It might not stop them but he will slow them down.
Expect it to happen before the election then.
Remember how the market tanked just at the "right" (/S) time in '08?
I bought into sprinkles and ice cream rivers futures.
Smart? With all due respect, I've listened to her fed double speak. It's ambiguous and tailored to cause confusion.
And their BS 4.9% unemployment rates will suddenly become 7-8-9-10% Trump catastrophes.
I have one thing and only one thing to post: Get rid of the Fed!
They artificially inflate and deflate the market(s) with their little whipping boys. They are as crooked as Hillary.
“A solid labor market”.........riiiight....with 90 million out of the work force. Powerful stuff those feds are smoking.
Little secret here:. If you have a 401(k) and are within six years of retiring (give or take a year), put that money into a safe retirement 402(k). There are many out there. The large caps do not like change.
Dang. Both should be 401(k).
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.