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Fed minutes show concern with global economy and US low inflation persists

Thursday, January 7th 2016 - 08:42 UTC
Full article 7 comments

The United States Federal Reserve's decision to raise interest rates in December was a “close call”, according to minutes from the Fed's December meeting. Fed members voted unanimously to raise its key interest rate by 25 basis points to between 0.25% and 0.5%. a move widely expected.But some members were cautious, because of global concerns and low inflation. Read full article

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  • ChrisR

    They just need to get rid of 'Old Crocodile Tears' from the Whitehouse and it will be alright - or not!

    Who knows? Well not the Fed, that's for sure.

    Jan 07th, 2016 - 07:07 pm - Link - Report abuse 0
  • chronic

    Oops!

    Yellen hit the beaks a little too hard for the Chinese.

    That chino economy is fragile.

    Jan 07th, 2016 - 08:58 pm - Link - Report abuse 0
  • yankeeboy

    China is in deep doo doo

    Massive layoffs at the SOE at eoy.

    An economy built on debt.

    U$3T is not near enough to fix the problem

    I can't wait for the civil unrest to move to the big eastern cities.
    Interesting times ahead.

    Jan 08th, 2016 - 12:29 pm - Link - Report abuse 0
  • ChrisR

    @ 3 yankeeboy

    VERY dangerous times coming for the existing regime. It might be another failure for communism ala the USSR but with masses of bloodshed unfortunately.

    I am hoping that this will topple the existing commie crooks in favour of a government headed by a western educated person.

    Don't think it will be a woman though, just too far to move at the moment.

    Jan 08th, 2016 - 01:51 pm - Link - Report abuse 0
  • yankeeboy

    I've been thinking it will break into loosely aligned areas basically with war lords in charge.
    I wonder who the military will support?

    It could be kind of fun to watch Russia get dragged in too.

    We need to give Japan nukes immediately.

    Jan 08th, 2016 - 01:56 pm - Link - Report abuse 0
  • Brasileiro

    No one will hold the China! Where it moves, the world goes along.

    Time of English America is over!

    Jan 08th, 2016 - 10:29 pm - Link - Report abuse 0
  • yankeeboy

    6. Everytime China devalues or “stimulates” the economy it gets worse.
    Their economic system is worse than the former Soviets.
    Their time is done.

    I think it wil break up just like the Soviet Union did.
    But worse.

    Jan 09th, 2016 - 02:05 pm - Link - Report abuse 0

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