Posted on 10/04/2015 3:47:39 PM PDT by citizen
While the decision to delay was nearly unanimous – there was one dissenter – nearly the same amount of FOMC members said they also believe rates will move higher before the end of the year.
That sentiment may have changed given the release of Friday’s much-worse-than-expected jobs report, but the minutes should provide some additional insight into why the Fed held off on a rate hike and when they might actually pull the trigger.
The minutes will be released Thursday at 2 p.m.
Also scheduled for release next week are: the ISM Non-manufacturing index on Monday; a report on international trade on Tuesday; weekly jobless claims on Thursday; and a report on export and import prices on Friday.
It seems that what governments do means more than actual business and economic activity.
The FED now and historically consistently does more harm than good.
DUMP THE FED and replace it with a computer that simply adjusts the interest rate based on given factors that EVERYONE KNOWS, maximizing predictability in this area.
Too sensible, huh?
That would work for me, Jim. Have it ignore all political pressure from the current president :)
Put me on that list too. Besides being way over dredged, that subject seems to get even more misunderstood w/ each rehash.
Are you seeing any econ forecasts taking that in to consideration? The 13-14 winter and last year for that matter helped knock down the already anemic domestic economic activity to near a recession level for the14/15 1st quarters.
I despise the fed watching and agonizing debate over each syllable of their pronouncements. Disband this private monstrosity.
Yes...or at least overhaul it. Their intended purpose got politicized and bastardized decades ago.
Yeah, that’s the ticket- let the Nanny state take care of us- what prosperity we’ll have/sarc.
Somehow that doesn’t compute. We’re supposed to end it because it’s too important to people?
Huh, I hadn’t heard that. I’ll watch for it and if it shows up somewhere I’ll have heard it first right here ;)
No one has to work, it’s Heaven on Earth!
“Roll in my sweet baby’s arms...
Roll in my sweet baby’s arms.
Gonna lay around chill
‘Til my SNAP card is filled!
And roll in my sweet baby’s arms.”
Also sick of ‘global markets’ excuse, they should face it and admit democrat economic policies and regulations are to blame for the decrease in US economic activity.
“Gonna lay around chill
‘Til my SNAP card is filled!”
hahahahah Updated for these big government plastic card giveaway times!
The global markets are weak - which makes the democrat economic policies and regulations into something more of a crime than just a policy disagreement.
Perhaps a big start to the week in the morning?
Australia shares lead broad-based Asian rally
53 Mins Ago
CNBC.com
Asian equities kicked off the trading week on a positive note after a weak U.S. employment report on Friday cooled expectations that the Federal Reserve will start raising interest rates soon.
http://www.cnbc.com/2015/10/04/asia-stocks-react-to-us-jobs-report.html
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