Hawkish Rumblings | Forex Factory

  • Hawkish Rumblings

    From typepad.com

    Fedspeak from the Jackson Hole conference suggests that the more hawkish FOMC participants are sticking to their guns. Cleveland Federal Reserve Bank President Loretta Mester, via the Wall Street Journal: “I want to take the time I have between now and the September meeting to evaluate all the economic information that’s come in, including recent volatility in markets and the reasons behind that,” Ms. Mester said. “But it hasn’t so far changed my basic outlook that the U.S. economy is solid and it could support an increase in interest rates.” Then there is St. Louis Federal Reserve President James ... (full story)

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Hurst
Aug 30, 2015 5:06am
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Are these people so really really stupid or just plain criminals wanting to bring the stock markets to their knees. Look back on history traditionally August is a volatile time and September/October months are prone to crashes. Its all in the charts, all you have to do is look at history.

So based on the above seasonal trends why are these fools looking at raising rates in September October when you know these months are prone to crashes.
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Trader#AFE2
Aug 30, 2015 4:02pm
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Hurst, stock market values are not their concern -- except insofar as the wealth effect impacts the economy at large. Besides, they have boosted the market for donkey's years and they're at nose-bleed levels. It's time to get off the zero lower bound.
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