To: abb
don’t see a rate hike this yearThe whole goal w/ rate hikes is fighting inflation. There isn't any, and so a rate hike is not only not needed but it just adds to the risk of deflation.
mho....
To: expat_panama
I agree. Of course, this leaves cutting cutting taxes as the only way left to improve the economy, and God knows the administration would never resort to that.
81 posted on
01/28/2015 12:43:42 PM PST by
abb
("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
To: expat_panama; abb
The whole goal w/ rate hikes is fighting inflation. There isn't any, and so a rate hike is not only not needed but it just adds to the risk of deflation. Also it would only strengthen the dollar further against the Euro and Yen and we are already up big time over the past year. So in a race to the bottom, we'd be going the wrong way by raising rates.
87 posted on
01/28/2015 1:43:39 PM PST by
NeoCaveman
(DC, it's Versailles on the Potomac but without the food and culture)
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