If it were all political The Fed would have started raising right after Drumpf stepped on the White House grounds - meeting after meeting.
Fed raises rates
- Thread starter Scataphagos
- Start date
We already had them @ 0.25% - after factoring 2%, 3% (pick a number, a real one) in inflation.
Which is basically what they did, genius.
No they don't.
The recession ended in 2009.
Do you know what a recession is?
Do you know the difference between a recession and a recovery?
Do you know what the FED's "dual mandate" is?
Do you realize (in the least little bit) that while their monetary policy tools are quite powerful, their ability to affect change in their (1965-directed) minimize unemployment mandate is usually described with the lovely phrase, "Like pushing on a rope"??
Do you have ANY clue as to the path of unemployment numbers since the onset of the Great Recession?
Here: http://www.multpl.com/unemployment/
So, tell us all, will ya, about how the FED was supposed to raise interest rates in 2009 (End of the Recession) or 2010 (Unemployment > 9%), etc etc etc. Use numbers, use the chart. (Work into reality a bit.) In the open to 2015, unemployment was *still* above the long-term average.
Clue!A true, apolitical, data-dependent FED would've done exactly what the FED did.
You're welcome.
No they don't.
The recession ended in 2009.
Do you know what a recession is?
Do you know the difference between a recession and a recovery?
Do you know what the FED's "dual mandate" is?
Do you realize (in the least little bit) that while their monetary policy tools are quite powerful, their ability to affect change in their (1965-directed) minimize unemployment mandate is usually described with the lovely phrase, "Like pushing on a rope"??
Do you have ANY clue as to the path of unemployment numbers since the onset of the Great Recession?
Here: http://www.multpl.com/unemployment/
So, tell us all, will ya, about how the FED was supposed to raise interest rates in 2009 (End of the Recession) or 2010 (Unemployment > 9%), etc etc etc. In the open to 2015, unemployment
was *still* above the long-term average.
A true, apolitical, data-dependent FED would've done exactly what the FED did.
You're welcome.
If you're trying to win an award for the most self-congratulatory, tautological, brainwashed tripe posted here today, I'll give you the award. I said nothing about raising rates in 2009-10. When you have to lie, project and assert positions no one has stated, you've already lost the argument.
In 2015 you forecast an SPX of between 900 and 1100. To do that, markets would have had to smash several serious support levels and priced in a ridiculously low P/E. That was never going to happen. So you sat on the sideline ( or worse, your UWTI play ) and missed a huge leg up in US stocks.
No on the contrary, you are the genius all alone "at the top".
In 2018 there were 8 meetings. How many raises? That's right 4.
And in 2017 3 times over 8 meetings as well.
So basically no, a total of 7 raises is not anywhere near every meeting (16).
I missed the part here where you put up facts.
[cue muttering Homer Simpson] "D'Oh! Cursed facts....."