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The Fed Is About to Make a Mistake
Next week, officials at the U.S. Federal Reserve will hold a crucial meeting on whether to raise interest rates. Whatever they do, it will probably be a mistake. More than seven years after the recovery began in mid-2009, inflation remains below the central bank's 2-percent target, indicating that the economy is still operating below potential. As of July, consumer prices were up just 0.8 percent from a year earlier. Excluding volatile food and energy goods and services, they were up 1.6 percent. Worse, markets appear to be losing confidence that the Fed will ever reach its target: Yields on Treasury bonds suggest ... (full story)
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- Sep 16, 2016 1:14pm Sep 16, 2016 1:14pm
- Forexgain
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- Not-KPMG
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Beware of robber banks (RB), bad advisors.
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- OnlineAddict
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Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return:
41,072.0%
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