"If The Fool persists in his Folly he will become wise." - William Blake
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The Fed Will Soon Switch Off the Autopilot
On the heels of Friday's solid monthly jobs report, the Federal Reserve will almost certainly lift interest rates next week for the seventh time since December 2015, bringing them closer to a level that is considered neutral. Absent clear inflationary threats, however, policy makers have little reason to rush to tighten beyond neutral and risk a significant slowdown of economic activity. But gauging the correct level of the neutral rate is easier said than done, which means the Fed will likely turn off the autopilot toward the end of the year in favor of a more nuanced approach to rate hikes. Current economic ... (full story)
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- Jun 4, 2018 5:40pm Jun 4, 2018 5:40pm
- The Fool
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- NotAtrader
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Start with 1000$. Increase by 3% every day. After one year 2 213 314$
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- Quantum3
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They wanna push you off the path with their frequency wires