Divided Fed leaves interest rates unchanged; strong hints of a December increase

Wednesday, September 21st 2016 - 21:53 UTC

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The United States Federal Reserve pushed back plans to raise interest rates on Wednesday, a widely expected move following a series of mixed economic reports and varied signals from Fed officials. After its two-day policy meeting, the Federal Open Market Committee voted to hold the federal funds rate between 0.25% and 0.50%, citing progress in economic and labor market growth and an improving risk outlook. Read full article

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ChrisR
The Yank Fed has done more to line the pockets of the super rich, especially the wankers, (see the docufilm Too Big To Fail) than probably any other organisation in history.

Now we have the edifying spectacle of this bunch of losers behaving like a gaggle of 16 YO virgins (if such a thing still exists). First 'they will' and 'then they might' but we know that 'no they won't'.

Laughable the lot of them.
Sep 22nd, 2016 - 06:51 pm - Link - Report abuse 0
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:o))
REF: “a December interest rates increase”:
- Strong hints?
- Weak threats?
Sep 24th, 2016 - 09:43 am - Link - Report abuse 0
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ChrisR
@ 2

Christmas box for the banks and finance houses more like.
Sep 24th, 2016 - 12:20 pm - Link - Report abuse 0
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