FED (just annouced) Official Rates to rise to 0.25%

Discussion in 'Markets & Economies' started by tozak, Dec 16, 2015.

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  1. tozak

    tozak Well-Known Member Silver Stacker

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    FED (just annouced) Official Rates to rise to 0.25%

    Last move was December 2008

    How will the shockmarket react now
     
    tozak, Dec 16, 2015
    #1
  2. tozak

    tozak Well-Known Member Silver Stacker

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    Gold was trading on speculation, now it's official, more volatility to come in 25 mins as Yellen makes her speach
     
    tozak, Dec 16, 2015
    #2
  3. dollars

    dollars Active Member Silver Stacker

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    Also some strength in the Auzzie $
     
    dollars, Dec 16, 2015
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  4. hiho

    hiho Active Member Silver Stacker

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    shows how confused everyone is
    Gold up?
    AUD up?
    Dow up?
    Bonds up?
     
    hiho, Dec 16, 2015
    #4
  5. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Will we see sub AUD70 as a result?
     
    sammysilver, Dec 16, 2015
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  6. hiho

    hiho Active Member Silver Stacker

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    gold still up 1% and silver nearly 3%
     
    hiho, Dec 16, 2015
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  7. Greg Williams

    Greg Williams Well-Known Member Silver Stacker

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    yay...I won a round fiddy :)
     
    Greg Williams, Dec 16, 2015
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  8. SilverDJ

    SilverDJ Well-Known Member

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    Cue the conspiracy theorists that the timing with the release of Star Wars Force Awakens is no coincidence :rolleyes:
     
    SilverDJ, Dec 16, 2015
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  9. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    Rate rise was widely expected. The market looks to have pulled a typical "buy the rumour, sell the fact" routine.

    Commentators are also interpreting "dovish" comments for future policy which signal the next rate rise could be some way off. This would also be contributing to the AUD up, Gold up etc.
     
    BuggedOut, Dec 16, 2015
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  10. willrocks

    willrocks Well-Known Member Silver Stacker

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    I prefer flat ones.
     
    willrocks, Dec 16, 2015
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  11. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    wasn't it all ready at 0.25%

    so is it rising another 0.25% to 0.5%
     
    Court Jester, Dec 16, 2015
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  12. willrocks

    willrocks Well-Known Member Silver Stacker

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    The rate rise was very uneventful.
     
    willrocks, Dec 17, 2015
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  13. TheEnd

    TheEnd Well-Known Member

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    No, interest rate in the U.S has been 0.00 for 8 years.
     
    TheEnd, Dec 17, 2015
    #13
  14. LovingtheSilver

    LovingtheSilver Active Member Silver Stacker

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    I was surprised by the outcome, expected the opposite.
     
    LovingtheSilver, Dec 17, 2015
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  15. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    no they have not they have been 0.25% for years
     
    Court Jester, Dec 17, 2015
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  16. bordsilver

    bordsilver Well-Known Member Silver Stacker

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    More specifically, they have been targetted to be in the range of 0.00-0.25% for years. The effective daily rate (ie basically the average of all trades throughout the day) has been between roughly 0.07% and 0.20% since ~2009 with the last 12 months basically averaging 0.125%.

    Now the target federal funds rate range will be 0.25-0.50%.
     
    bordsilver, Dec 17, 2015
    #16
  17. tozak

    tozak Well-Known Member Silver Stacker

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    Official rate has been 0.00% since 2008, now official rate is 0.25%
     
    tozak, Dec 17, 2015
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  18. systematic

    systematic Well-Known Member

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    A rate rise just before Christmas sends a clear message what the sentiment is ...
     
    systematic, Dec 17, 2015
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  19. tozak

    tozak Well-Known Member Silver Stacker

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    So how many traders now dumping Junk bonds for Sovereign bonds?, I'll give it to about (March/April) next year before the ripple effect of this crashes the bonds/derivatives. Of course more likely Yellen will drop rates and increase QE to combat this before it gets too bad. The fact that the FED minutes really softened the blow of the rise to me says they are already ready to back peddle on it in the new year.
     
    tozak, Dec 17, 2015
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  20. willrocks

    willrocks Well-Known Member Silver Stacker

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    [youtube]http://www.youtube.com/watch?v=LodJTlV-woQ[/youtube]
    [youtube]http://www.youtube.com/watch?v=VMQ-Od-KBNs[/youtube]
     
    willrocks, Dec 17, 2015
    #20
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