To: Citizen Zed
The only arrow they had left in their quiver was to THREATEN to raise rates. Actually DOING it was not a good thing. I am under the impression that they already have undone their raise, just not officially. The rates now are just the “sale price”.
2 posted on
01/20/2016 8:55:12 AM PST by
cuban leaf
(The US will not survive the obama presidency. The world may not either.)
To: cuban leaf
Excellent comment. Nominal price and rates are not the same thing.
Economics won’t be stymied by any agenda. It works regardless, for good or ill.
3 posted on
01/20/2016 9:02:19 AM PST by
fwdude
To: cuban leaf
The market has already priced out half of the 25 bp increase.
10 posted on
01/20/2016 1:57:21 PM PST by
Georgia Girl 2
(The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
To: cuban leaf
It was never about saving the economy. It’s about saving the markets.
11 posted on
01/27/2016 12:34:09 PM PST by
Sam Gamgee
(May God have mercy upon my enemies, because I won't. - Patton)
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