IMF says Fed could keep rate low past mid-2015 if outlook holds | Forex Factory

  • IMF says Fed could keep rate low past mid-2015 if outlook holds

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NewtonsCash
Jul 23, 2014 10:53am
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Great idea, perhaps Yellen and LaGarde would like to build a star chamber of economic consultants, maybe Robert Mugabe, the Weimar chap and that nice lady from Argentina Cristina someone.

Keep rates lower longer that'll really help (do these people actually know anything at all ?)…about anything
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NewtonsCash
Jul 23, 2014 3:02pm
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Quoting TheTopBloke
No, they don't. And so what really. So rates are low for the next twenty years. So what?
Agreed, would be great, if only life were that easy. Each month the world misallocates more capital, pension funds and savings etc are ravaged and most scary of all inflation grows.

Most items we all need are now going up in double digits , wages are falling globally

We will sadly be left with the illusory asset values gone and the non illusory debts very present, all of which could be avoided if rates began to go up now.

However, I absolutely agree it would be political suicide and , as Yellen, Carney and Draghi are weak puppets to there masters it will need to be forced upon them i.e. too late and then much bigger steps , much faster than we expect.

Tokyo 1989 here we are , probably for at least the next 20 years , so might as well enjoy it
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TheTopBloke
Jul 23, 2014 11:55am
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Quoting NewtonsCash
Great idea, perhaps Yellen and LaGarde would like to build a star chamber of economic consultants, maybe Robert Mugabe, the Weimar chap and that nice lady from Argentina Cristina someone.

Keep rates lower longer that'll really help (do these people actually know anything at all ?)…about anything
No, they don't. And so what really. So rates are low for the next twenty years. So what?
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TheTopBloke
Jul 24, 2014 12:10am
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Quoting NewtonsCash
Agreed, would be great, if only life were that easy. Each month the world misallocates more capital, pension funds and savings etc are ravaged and most scary of all inflation grows.

Most items we all need are now going up in double digits , wages are falling globally

We will sadly be left with the illusory asset values gone and the non illusory debts very present, all of which could be avoided if rates began to go up now.

However, I absolutely agree it would be political suicide and , as Yellen, Carney and Draghi are weak puppets to there...
Exactly. For the next twenty I expect this is exactly what it's going to be like. Limbo, low interest, and generally shitty lifestyle.
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OnlineAddict
Jul 23, 2014 10:48am
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Quoting Pip Anon
But I thought the IMF was saying nothing but great things for the US economy?
Somebody just wanted to enter short on EU at 3470...to break 3450.
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OnlineAddict
Jul 23, 2014 10:52am
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Quoting peslosar
so I go long :-)
So you go against MMs at the moment?
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Rtm
Jul 23, 2014 1:47pm
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You cant be an expensive safe haven currency! Rates not going up at any rate. USD just going to keep slowly depreciating its value until eventually something else comes in
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Pip Anon
Jul 23, 2014 10:33am
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But I thought the IMF was saying nothing but great things for the US economy?
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peslosar
Jul 23, 2014 10:50am
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so I go long :-)
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Trader#53EC
Jul 23, 2014 6:05pm
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Good thing the IMF has competition now from the BRICS.The BRICS big fund is moving pretty big into Argentina and so is China.Russia is putting in a new nuclear facility.Two big hydro dams are going in along with renewal of roads and rail systems leading to ports which are also to be upgraded.The IMF doesn't operate like that.
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Trader#9B3C
Jul 23, 2014 1:42pm
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Might be misguidance, perhaps. On weekly stohastics USD appears overbought, it coincides with fact that USD rate at least will be low for 3-4months
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