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  • Fed Weighs Change to Rate Guidance for Added Flexibility

    From bloomberg.com

    Federal Reserve officials are considering whether to alter their guidance on the likely path of interest rates to give them more flexibility to react to changes in the economy. The Fed has said since March that its benchmark rate would stay low for a “considerable time” after it completes monthly bond buying intended to boost growth. With purchases set to end late this year and the Fed nearing its full-employment goal, that assurance will soon become obsolete. The need for new guidance unites policy makers who want to keep rates low for longer, like Boston Fed President Eric Rosengren, with those who prefer to ... (full story)

The key phrase here? "and the Fed nearing (IT'S) full-employment goal"

Translation? Knowing FULL well the REAL unemployment number stands at better than 11% and the wonderful "jobs" created are part time, low paying CRAP, the ongoing rhetoric will now change slowly over time to reflect the complete failure (planned or otherwise) of any REAL recovery.

Answer? Hence the "need" for the FED to keep kicking the can.

Conclusion? This is like watching reruns of MASH. It's getting really boring because you know it all by heart but yet it's still slightly entertaining. LOL
Ghost Rider - WWTBMD?
1st thing that came to mind upon reading the headline...

Shifting the goal post yet again.

What's new, eh?
Quoting JollyBean
1st thing that came to mind upon reading the headline...

Shifting the goal post yet again.

What's new, eh?
LOL .. Every football players dream.
Ghost Rider - WWTBMD?
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  • Posted: Sep 10, 2014 5:30am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 3  /  Views: 2,050
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