The fed officials should be gagged and only allowed to speak at the meeting where a balanced set of minutes can be released afterwards. For such individuals speeches to have such large monetary effect is just ludicrous.
Regarding US interest rates - they are stuck between a rock and a hard place. Raising rates strengthens the dollar and pust pressure on comodities and other parts of the world. This in turn translates to a slower global economy which translates to a slower US economy. The US needs significantly higher growth to warrant raising rates when taking a global snap shot rather than looking just at the US. Some of the fed committee get this but others are very US centric - hence the comments and effects we have seen this last week.
Its complicatedly simple.
- Forums
- ASX - Day Trading
- Day Trading 13 Sept Pre Market
The fed officials should be gagged and only allowed to speak at...
-
- There are more pages in this discussion • 30 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online