A hard decision in volatile period. If the economy is working...

A hard decision in volatile period.

If the economy is working like the current situation why should they change their policy.

Is US out of negative budget deficit?

All development and emerging countries want a balance TOT. A concentrate growth to focus on local growths that is only working in a stagnant economy like Greece.
The only positive for a rate rise that is to avoid a future default. IMO

The older you are the harder and the more conservative approach. It's different with younger guys whereas they like risky things.

* Fed meetings getting more exciting as rate rise nears: Fischer * No decision on Fed rate rise has been made, still watching data (Adds Fischers comments on meetings getting more interesting) By Ann Saphir SAN FRANCISCO, Nov 19 (Reuters) - The Federal Reserve has telegraphed its imminent interest rate hike so well that central bankers elsewhere have even begun to get impatient about it, the Feds second-in-command suggested on Thursday. In the relatively near future probably some major central banks will begin gradually moving away from near-zero interest rates, Fed Vice Chairman Stanley Fischer told the San Francisco Feds biannual Asia Economic Policy conference. While we at the Fed continue to scrutinize incoming data, and no final decisions have been made, we have done everything we can to avoid surprising the markets and governments when we move, to the extent that several emerging market (and other) central bankers have, for some time, been telling the Fed to just do it. The U.S. central bank is widely expected to raise rates for the first time in nearly a decade when policymakers meet in Washington on Dec. 15-16. Sentiment for a December hike took firm hold at the Feds Oct. 27-28 policy meeting, according to meeting minutes released on Wednesday. urn:newsml:reuters.com:*:nL1N13D20B We actually dont take orders from other places, Fischer added, but the fact that other central bankers are asking the Fed to get on with a rate hike indicates they have made their preparations. The bulk of Fischers remarks focused on prospects for growth in Asia, which he said would likely continue to slow as those economies make the transition to richer, less export-dependent structures. Worries about the effects of Chinas slowdown played into the Feds decision to put off raising rates when it met in September. China is for some time likely to continue to grow faster than the rest of the world, Fischer said. The region is still expected to significantly outpace the global economy and make by far the largest contribution to global growth in the years ahead. Still, slower China growth will continue to put downward pressure on metals and other commodity prices, although the outlook for oil prices is less certain because richer economies tend to consume more oil per person, putting potential upward pressure on oil prices. Fischer said. (Reporting by Ann Saphir; Editing by Meredith Mazzilli and James Dalgleish) (([email protected]; 415-677-2516; http://www.twitter.com/annsaphir; Reuters Messaging: [email protected])) Keywords: USA FED/FISCHER