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To: SkyPilot

I’ll eat my foot if the US raises rates anytime in the next 18 months. Not going to happen.


7 posted on 09/14/2015 10:18:30 AM PDT by Sam Gamgee (May God have mercy upon my enemies, because I won't. - Patton)
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To: Sam Gamgee
I’ll eat my foot if the US raises rates anytime in the next 18 months. Not going to happen.

I don't know Sam. They may or they may not.

Five things to know about the Fed raising interest rates (14 Sep 15)

"Since 2008, the Federal Reserve has kept the federal-funds rate — the banks' overnight borrowing rate — near zero. Now more confident about prospects for growth and inflation, policy makers are preparing to raise those short-term rates — perhaps at the conclusion of their two-day meeting on Thursday or later this year."

4 factors shaping the Federal Reserve's tough decision on interest rates

Wall Street definitely does not think they will, that is why the Dow is only down 80 points today.

But if they do.....hold onto your hat.

9 posted on 09/14/2015 10:26:25 AM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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