RE:Fed holds rates steady, citing global economic concerns
LOL what a surprise (NOT) rates being held exactly where they are , the excuse for this statement was inflation is tepid and exports were soft ( ofcourse they are soft based on how strong USD is ).
Based on statement they are waiting for 2% inflation atleast before raising rates and based on their projections , 2% inflation is not coming until 2018 lol. Wonder where all those folks are now that were calling for rate rise everyday. Fed losing credibility every year now.