better wait until the Dollar Collapses and then they have a GOOD reason to raise !
Raising now will cause a collapse in the economy …thats not the Feds Function.!
The idea that raise it now so you can lower it later when the economy collapses is incredibly stupid !
Why would you collapse the economy ,just so you can take credit for rescuing it ,what if the lowering of the rate later DONT work ?
I doubt it will !
This is the kind of Thinking that Politicians do ..it has NO economic basis.
then the Fed will have caused a collapse that they didnt intend and now cant undo it ! How stupid is that ?
There is absolutly NO evidence that a rate drop of 1/4 or 1/2 a basis point will do anything for an economy with NO demand for goods or services ! .. Its called PUSHING on a STRING !
The Fed should simply go Home and do nothing and stop tinkering and Politicking and let Market forces work !
Get the FED out of POLITICS period,it was never intended to do that..Shut it Down.