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
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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
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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
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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
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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
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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
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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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