Saturday, September 19, 2015

Federal Reserve

Yellen says the Fed may never raise rates. That sounds unusually honest.

Fed opens door to negative interest rates.

Peter Schiff continues to predict the Fed will initiate another round of QE and never raise rates.
"When the year began, opinion was divided between those who thought the Fed would move in March, and those who thought it wouldn’t happen until June. When June came and went, September became the odds-on favorite. Now those same experts are once again divided between December and sometime in 2016. When will these “experts” finally connect the real dots and discover that the monetary medicine that the Fed has doused over the economy since 2008 has only created a weak and utterly dependent economy. A rate hike is supposed to be a signal that the economy has a clean bill of health. But as the patient fails to recover, another dose of QE will be just what the doctor orders."
Seems like it.

No comments:

Post a Comment