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Msg  42535 of 45793  at  12/6/2018 3:38:00 PM  by


FED and interest rates

"Fed weighing whether to signal wait-and-see mentality after December hike: WSJ
MARKETWATCH 3:33 PM ET 12/6/2018
Federal Reserve officials are considering whether to signal a new wait-and-see mentality after a likely interest-rate increase at their meeting in December, The Wall Street Journal reported Thursday (https://www.wsj.com/articles/ restrained-inflation-reduces-urgency-for-quarterly-rate-increase-pattern-1544127856?mod=mktw), citing recent interviews and statements. Officials still think the broad direction of short-term interest rates will be higher in 2019, according to recent interviews and public statements, the report said. But as they push up their benchmark, they are becoming less sure how fast they will need to act or how far they will need to go, the report added."

-Steve Goldstein; 415-439-6400; AskNewswires@dowjones.com

The FED will be the ones that create the bust of the American economy. I guess they are just too book smart to look around and see what is going on in the real world. JP and other FED Governors should be hanging their heads in shame.

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