GREY:CLGRF - Post by User
Post by
grassyknollguyon Jul 30, 2015 6:05pm
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Post# 23977798
interest rate hike
interest rate hikeWatched BNN this AM and, it seems that the flavor of the next 1/4 is a rise in the FED rate with few pundits disagreeing. However the latest Fed announcment was parsed carefully to allow for no increase with the phrasing of more improvement (in employment rate) being hoped for. When everybody is singing the same interest rate increment tune its probably time to go negative. The FED has done this before -hinting at an increase-(with a negative reaction in the stock market) and not followed through . I don't see how any significant rate hike is possible.with the US debt problem. The US needs a cheaper US$ not a more expensive one which is what a rate hike wouldresult in.