Loading ...Re “Several voting members of the Fed’s policy committee said that a rate hike would be needed “relatively soon,” according to…” “The minutes don’t show what tipped the scale for the majority to favor holding rates steady in September.”
B/S, they are blowing pot smoke in the publics face. USA has been following Japan, and Japan would have to raise rates first. Higher rates would raise the dollar even higher, and slow the US economy.
Do not believe anything they say or imply. If anything the US economy is slowing down because of the extremely high US Dollar, and later on they’ll have to drop off that stupid little quarter point they raised a while back to stimulate.