Which is why we have a board and not an individual making decisions.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fed's Bullard takes stand against more interest rate hikesSt. Louis Fed President James Bullard thinks interest rates have gone high enough and could endanger an otherwise strong economy if they rise more. Strong? Economy is bed ridden, inhaling oxygen, and can't normalize? How is that strong? Rip the bandaid off and get on with it. Well if you dont raise in a consistent way then you end up catching up causing more stress! Like not raising in 2017 caused the catchup and markets fell like a tree! Next time it will cause major recession How did he say that with a straight face? You can’t have a “ strong economy” and at the same time not raise rates above 2.5%. This is a deficit fueled expansion that was financed with cheap money.
Source: CNBC - 🏆 12. / 72 Read more »
Fed 'can afford to be patient' about future rate hikes, FOMC minutes showFederal Reserve officials acknowledged that the policy path ahead is 'less clear' after approving an interest rate hike at their most recent meeting. Audit the Fed. Didn't Trump say so months back.
Source: CNBC - 🏆 12. / 72 Read more »