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  • No rate hike until Fed sees inflation returning to normal: Fischer

    From marketwatch.com

    The Federal Reserve is concerned about low inflation and won't move before it sees inflation returning to more normal levels, said Stanley Fischer, the vice chairman of the U.S. central bank, in a television interview Monday. "The interesting situation in which we are is that employment has been rising pretty fast relative to previous performance and yet inflation is very low. And the concern about the situation is not to move before we see inflation as well as employment returning to more normal levels," he said. If the Fed were focused solely on inflation, it would have to try to be more accommodative, if that was ... (full story)

Why not calculate inflation with forumlas from 1979, all of a sudden u will start getting a lot more inflation lol.
  •  Guest
  • | IP XXX.XXX.166.3
Agitprop. They will raise 25-bps in September. The credibility (such as it is) of the global central banking edifice is at stake.
What they want? no clear signal
super strong dollar will never produce "normal inflation" and raising rate would make it even stronger.
pure logic
  •  Guest
  • | IP XX.XX.72.194
He seems to think disinflation is just a temporary thing. But I wonder what he sees to stop it. Depressionary bankruptcies?
Quoting Bankerssuck
Why not calculate inflation with forumlas from 1979, all of a sudden u will start getting a lot more inflation lol.
Quite right! remove the cost of airline tickets for instance....
Carbon-Dioxide: the gas of life!
FED wants people to spend more than they need.
Quoting Breza
super strong dollar will never produce "normal inflation", and raising rate would make it even stronger.
pure logic
Dollar isnt strong, its quite weak actually. Sure its strong against fiat garbage like GBP, Euro, Yen.

Check Dollar in terms Food prices, Clothing or Housing. Check those things on a 10 year time line. Dollar is very weak, as are all the other fiat currencies all of them having lost lot of value. Now sure if you compare shit vs shit then yea Dollar looks better than the other fiat waste.
It's amazing how long the Fed has been playing this hand!!
US will follow the same road as Japan.
Quoting Bakker
US will follow the same road as Japan.
US will follow the same road as Zimbabwe.. Fixed
These are the assets old folks own

Houses

Stocks

Bonds

Rates stay low these go up

How to keep rates low , lie about the inflation in the system on essentials like

Shelter

Food

Heat

And invent a deflation story to keep the masses silent

This works great until France 1789, Russia 1917, etc, etc ...... these guys are treating everyone as dumb , read Tolstoy, read Chekov the parallels are scary

Anyways , no rate rise until Zimbabwe dollars look pricey methinks
Ooooo and buy more Gold (the real stuff
Quoting Bankerssuck
US will follow the same road as Zimbabwe.. Fixed
LOLZ, can't stop laughing

Mugabe would like that commentary Bankerssuck. The thing is, that Zimbabwe is already using the USD and the ZAR as borrowed fiat!

So, are you implying the Yuan will replace the Dollar in the US in near term?

Just being curious
Quoting Ojiego
LOLZ, can't stop laughing

Mugabe would like that commentary Bankerssuck. The thing is, that Zimbabwe is already using the USD and the ZAR as borrowed fiat!

So, are you implying the Yuan will replace the Dollar in the US in near term?

Just being curious
Well China has all the manufacturing until that doesnt change they call all the shots.

Not that i support the Yuan either, I think eventually we are going back to Gold for trade settlement(As Gold is the only real money). Sure Yuan may play a role to fill the gap until that happens.

PS many US companies have already started using the Yuan in their trade settlement with China. This would have been unheard off few years back. If this keeps growing, which it will, it will become a problem for the USD.
Quoting Bankerssuck
Dollar isnt strong, its quite weak actually. Sure its strong against fiat garbage like GBP, Euro, Yen.

Check Dollar in terms Food prices, Clothing or Housing. Check those things on a 10 year time line. Dollar is very weak, as are all the other fiat currencies all of them having lost lot of value. Now sure if you compare shit vs shit then yea Dollar looks better than the other fiat waste.
+1
Quoting Bankerssuck
Dollar isnt strong, its quite weak actually. Sure its strong against fiat garbage like GBP, Euro, Yen.

Check Dollar in terms Food prices, Clothing or Housing. Check those things on a 10 year time line. Dollar is very weak, as are all the other fiat currencies all of them having lost lot of value. Now sure if you compare shit vs shit then yea Dollar looks better than the other fiat waste.
it takes time to have seen the consequences of a strong $, perhaps half or one year
The US economy recovery has never seen an inflation of over 2% or under and near to 2 % since the the last financial crisis of 2007~2009 and perhaps never will be by Sept or e.o 2015 or even into 2016. So if FED’s banking its decision on an inflation of 2% or under but near to 2% then there won’t be any rate hike coming.
When FED raises rates people will feel economy is better and will start spending.
Someone should go out and say loud to people that the economy is stable and they will not lose their jobs.
The economy is stable and no rate hike news create a good chance to sell XAUUSD at 1108.900 and take some profit today.
Quoting Bankerssuck
US will follow the same road as Zimbabwe.. Fixed
lol hey that my country you talking about... Good analogy though
Quoting Bankerssuck
Dollar isnt strong, its quite weak actually. Sure its strong against fiat garbage like GBP, Euro, Yen.

Check Dollar in terms Food prices, Clothing or Housing. Check those things on a 10 year time line. Dollar is very weak, as are all the other fiat currencies all of them having lost lot of value. Now sure if you compare shit vs shit then yea Dollar looks better than the other fiat waste.
Haha I like it! Pretty true really..
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