Fed Signals End of Interest Rate Increases

Discussion in 'Markets & Economies' started by willrocks, Jan 31, 2019.

  1. willrocks

    willrocks Well-Known Member Silver Stacker

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    Surprise! Surprise!

    Looks like the US economy is't as strong as they thought, so they need to kick the can down the road a few more years.

    https://www.nytimes.com/2019/01/30/us/politics/fed-interest-rate.html
     
    mmm....shiney! likes this.
  2. leo25

    leo25 Well-Known Member Silver Stacker

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    I watched the full speech Powell gave this morning. He didn't sound very up beat, also it sounded like the FED was getting ready for QE4.

    I think i can wrap up the entire speech with a few lines;
    -things don't look good in the world.
    -interest rates are very low so that tool can't be used to boost economy.
    -they are happy to expand the FED's balance sheet to dump money into the system.
    -everything else he just says he doesn't know or can't talk about it.
     
    Last edited: Jan 31, 2019
    mmm....shiney!, sammy and willrocks like this.
  3. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I think the real reason is because the market shouldn't crash until October 2020.
     
  4. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Somebody on Silver Doctors (in the comments section) said that tomorrow is CRIMEX Futures Contract Expiry day so Get your Precious Metals while TPTB smack it down. _JLG.
    p.s. Visit silverdoctors dot the usual (with 3 w's in front of it) to get the latest Finance, World events, etc. & you can comment without logging in.

    See you there. Please, no 'TROLLS' (that means you pretty in pink) - or we will have to spank you. _JOHNLGALT.
     
    Last edited: Feb 5, 2019
  5. leo25

    leo25 Well-Known Member Silver Stacker

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    Last edited: Mar 12, 2019

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