Fed Minutes Show Officials Expect to Raise Rates 'Relatively Soon'

Of late, US Macroeconomic data have been encouraging, this bout of strong US data suggest the Fed and its chair Yellen will be convinced that the US economy is strong enough for interest rates hike. When we consider that a significant number of Fed officially previously disagreed with the Fed decision to delay hikes, it gets more likely we will have interest rate hike this December.

 

Agreed. It's just a random walk ☺

 

Atlanta Fed's GDPNow cut Q3 GDP estimates to 1.9%.
The idiots at the Fed are probably talking up rate hikes because LIBOR has been rising.

 

I've been touting a December rate hike since Brexit, December or no sooner!

 

Looks like that, new president - new rate hike!

 

Yellen: "Let's have a meeting about nothing."
Fischer: "About nothing?"
Dudley: "Absolutely nothing."