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  • Fed's Yellen sees possible December rate rise, gradual hiking path

    From reuters.com

    Federal Reserve Chair Janet Yellen on Wednesday pointed to a possible December interest rate "liftoff" but said rates would rise only slowly from then on to nurture the U.S. economic recovery. In her first public comments since the Fed's meeting last week Yellen laid out what now appears the base case at the U.S. central bank - that low unemployment, continued growth and faith in a coming return of inflation means the country is ready for higher interest rates. Her remarks pushed bond yields higher and stocks lower. They also caused investors to reset their expectations of a December rate hike above 60 percent, a ... (full story)

Dear Mr Yellen,

Keep the lies up and keep the monkeys hammering Gold on the ETF. Ill be more than happy to buy all the physical i can if prices were to drop below 1000usd per ounce or better 500usd or even lower.

Dedicated Stacker
I love all this speculation. Like really we are going to raise the rate in 4 weeks. What is "REALLY GOING TO CHANGE IN THAT TIME" everyone knows the story of the Boy that cried wolf.
Just don't be surprised if they raise rates or if they don't raise rates. That at least is clear.

Big works like 'if' and 'might' are treasures of the English langauge.

The number one obstacle is some convincing evidence that the CPI target is under serious threat; it isn't. Just raising rates to prove that the banks are sound (system reliable; money markets efficient) is not a valid strategy. Her other remarks about 'living wills' show that there is a healthy degree of concern about banks.
So, Mr. Y. is betting for this last chance. Rise it or leave it. Well, we could as well go to sleep. Mr. Y. had a chance in September. He hesitated, now the bet is on.
I can't believe they already haven't to be honest. Unbelievable. This economic paradigm is a joke.
Nah,a December rate rise ain't going to happen.
The major $ rise will start WAAAYYY before they raise rates as the real players get ahead of the herd. Maybe mid next year or something I suppose when 95% of it is priced in and the $ bears have already been financially murdered
Come with me if you want to live....
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