2 replies to this topic

[Rogerdodger]

Why I eschew "conventional wisdom":

Survey: Most economists say Fed will raise rates in 2015

"A large and growing majority of business economists expects the Federal Open Market Committee (FOMC) to raise its target for the federal funds rate before the end of 2015," NABE President John Silvia, chief economist at Wells Fargo, said in a statement.

Edited by Rogerdodger, 24 August 2015 - 08:17 AM.

[fib_1618]

Seems like everyone is YELLen right now!

Fib

[pdx5]

A 25 basis point raise would actually boost confidence in US economy, from a worldwide perspective. After talk of doing that for 8 months, if FED backs out, it is more ominous looking.

Edited by pdx5, 24 August 2015 - 10:09 AM.