The time is here….will the private bank that controls the United States of America’s money supply, the Federal Reserve, raise the interest rate today?
Arguments for both directions are floating throughout the web, media, and every financial newsletter coming through everyone’s inbox.
On the one hand, an interest rate hike could derail the sensitive global economic recovery, according to Christine Lagarde…head of the IMF – International Monetary Fund….she says the worlds not ready just yet…we need more time. The last time I heard her say that, was just before Bernanke left office. She delayed the QE infinity taper with the same verbage.
We need to save face…let us know if that humors you.
All the numbers we need are right to raise rates…if not, its admitting we do NOT have confidence in our own numbers, and there’s some serious $31! about to hit the fan.
JP Morgan, according to CME inventory reports, has 27 bars of good delivery AU at the moment…someone is going to call that home within the next 48 – 72 hours…can’t wait to see how the charade continues.
Refresh your page just before the press conference and you will see Americas Grandma Yellen get us up to speed on the FOMCs current viewpoint. She will not be addressing the public for the remainder of the year after this, I don’t believe…