Post by
OptGreen on Jun 15, 2022 2:01pm
Fed To Raise Interest Rate
Tthe Fed's hike in interest rates out in minutes...will they factor in the soon to be done Biden economic collapse? They are talking .75 - 1.0% hike, brutal...maybe they can see Biden a 'done' Pres walking and they don't raise? One can hope!! JMHO...Opt
Comment by
TheProphetElijah on Jun 15, 2022 2:14pm
My bold prediction is a .75 raise, markets should like it since they hate inflation more.
Comment by
TheProphetElijah on Jun 15, 2022 2:47pm
Opt was right all along, .75 hike, mkt likes it, bottom in at 4.20. 3 for 3. Then Safe, then 280e then CAOA - another 3 for 3
Comment by
charlierock on Jun 15, 2022 4:31pm
Just to educate Optfool. Biden or any US presidents have nothing to do with the Feds decisions however Trump tried to interfere. Same goes for the prime minister and the Bank of Canada. Higher rates are necessary to control inflation and are still historically low. Higher rates are good for people on fixed income and for those like you that bomb in the stock market and maybe should try GICs
Comment by
Starsearcher80 on Jun 15, 2022 7:25pm
Charlie this Clown won't ever understand. He's nothing but a massive embarrassment, and proves it every time he opens his mouth.
Comment by
charlierock on Jun 15, 2022 8:29pm
Yes I know Star. He can't even grasp basic economics. When he repeatedly refers to the weak and tiny minded,he's really referring to himself it's hilarious but also kinda sad since there are more and more like him egged on by a growing far right movement that ignore the truth in favour of their own agenda no matter what the cost.
Comment by
Luc1979 on Jun 15, 2022 4:55pm
You seem to be not all there the way you post, seems like the hamster fell off the wheel lol