November 8, 2015 at 1:45 pm #8343FadadioKeymasterPoints: 465.00
This is the pretty obvious million dollar question here.
Data last week was good and the Fed remains up in the air about this, if they do raise rates I would be interesting to see how the market reacts with the reduced volume of the end of the year.
I give a 50/50 chance they will raise rates in December.
Your thoughts?November 9, 2015 at 1:55 pm #8355
I think the odds may be a little over 50% bias towards a hike on december, Friday news were very optmistic and I think the market may get ready in the coming days. I advice to observe the dollar index as a measure of sentiment!November 10, 2015 at 8:52 pm #8372Rob MallParticipantPoints: 38.00
The Fed will raise rates in December to save face.
Gives grandma more street cred…November 11, 2015 at 10:06 am #8380TheLookerParticipantPoints: 57.00
Hopefully she does raise rates,she has delayed this for far too long.
It would be nice to see Max Keiser and Peter Schiff eat some humble pie seeing as they are saying the FED and Mark Carney will never raise rates.
If Yellen raises rates this year then Carney will follow suiteNovember 11, 2015 at 6:42 pm #8386
After the last Carney statements the rate hike timing for the BOE will not be the expected one, it may happen later next year.November 11, 2015 at 7:12 pm #8389Bird HunterParticipantPoints: 36.00
You look more like a chicken than a bird.November 11, 2015 at 7:15 pm #8390
Well thank you, do you have any thoughts about the FED and the possible December rate hike?November 11, 2015 at 10:57 pm #8397Bird HunterParticipantPoints: 36.00
I do. I will watch the rate hike and have some tasty fried chicken while I watch grandma talk herself in circles.November 19, 2015 at 11:26 am #8421TheLookerParticipantPoints: 57.00
After reading the meeting minutes the FED kept talking about looking at the data to determine if a rate hike in December would be needed.
Keep your eyes on the data my friends
November 20, 2015 at 3:56 pm #8425William WallaceParticipantPoints: 33.00
- This reply was modified 2 years ago by TheLooker.
I am really sick of this “data dependent” loop hole. I seriously dont know if central bankers know what they are doing…look at Yellen, yes she is a very qualified economist…but on the academy, if you check her CV she never spent a day outside the university, how the heck do you expect for someone to know what is going on out there if you have not put your hands in the dirt!! I’ve done research myself and data is not always a good reflection of what is really going on, more on the ground empirical experience is what the FED needs.
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