The Fed's every move is just causing more and more harm to the economy and market. There's a lack of political and moral courage to raise interest rates.
The post This Market Is Counting on Two Things That It Absolutely Shouldn’t was originally published at The Wall Street Examiner. Follow the money!
Raising interest rates is a poor strategy for managing asset bubbles. Low interest rates did not cause the housing bubble of the early 2000s and higher interest rates would have been ineffective at preventing it. To deflate an asset...
Overly weak inflation and a lack of evidence suggesting price pressures are about to heat up means the Fed shouldn't raise interest rates this year, Federal Reserve Bank of Chicago President Charles Evans said in a speech Wednesday.
Fed officials shouldn't move too early to raise interest rates because it could have a detrimental effect on the economy, central bank governor Elizabeth Duke said Tuesday.
With the Federal Reserve set to raise interest rates in December, my colleague R.A. argues that: Fed members argue that they are choosing to raise rates now, before inflation has returned to target, so that inflation will not jump a...