It's already going to end badly...After all, global ZIRP/NIRP has herded everyone into riskier assets after 8 years of "emergency measures". The flip flopping by CB's has completely distorted the markets; just when the herd jumps in with the mentality that they will maintain this accomodative policy and/or Europe and Japan follow suit, raising rates out of nowhere will just compound the problems...
Totally agree however since BREXIT the fed is not moving....they should but they won't...they had the best opportunities the last few years to drive rates higher and did not...even if they did 1% increase each year since 2012 they would now have something to work with for the next economic downturn however they have nothing with rates at historical lows.. Only way now is NEGATIVE INTEREST rates
The central banks have destroyed every bit of this market and it will all be shown in the years to come. People will look back and say what were they thinking flooding the markets with historical low rates and unlimited stimulus.... It has to end somewhere.. .black swan I think so
A few more minutes and the fed will once again for the 8 millionth time bow to wallstreet.....just more babbling and worthless dribble by the fed.
Yep just like I said ...rates unchanged again....7 months into 2016 and there should have been 2 hikes...this is is so played out and pathetic now...the fed should say no more meetings and a 0% rate for the next 25 years. ..
Some new language in the statement. Economy is stronger and risks lessened - something to that effect. In Fedspeak, this opens the door for a Sept move. We'll see how the August appearances/speeches and hints play out. At some point, the feeling SHOULD be that it is more risky to leave rates near zero than to move to normalize them. BREXIT is a complete non-issue provided the pound stays in it's new lowered range.
Every single fed meeting they say at the next meeting there is a possibility of a rate hike...they just pass it down from one meeting to the next....They ARE NOT RAISING RATES.....PERIOD!!!!! enough enough enough of the rate hike talk...its not happening.. The fed CANNOT raise rates....it is risky to leave them near zero but they don't give a Fu$k ...they want to keep pleasing wallstreet... There will no rate hikes in 2016. Done deal
Starting to believe S2007S. Punting here basically says the Fed simply doesn't want to raise rates regardless of what they say.