feds dudley says still to early to raise rates, yep keep the savers down!!!

[S2007S]

No worries...savers are super happy with their 0.01% return in their savings account....just keep the rates at 0% ..that's the way to keep the games going. There is zero inflation according to the fed and Mr dudley ....I keep hearing how 75% of companies beat estimates and that job growth is back with housing at levels not seen in over 5 years but rates at 0%....raise the fucking rates....




The dollar weakened versus the euro afterNew York Federal Reserve President William C. Dudley said raising interest rates too early poses a bigger risk to the economy than acting too late.

The Bloomberg Dollar Spot Index fell while the Australian and New Zealand currencies rallied. The ruble declined as the European Union weighed adding sanctions against Russia. Switzerland’s franc was at almost the strongest level in more than two years against the euro even as Swiss National Bank Vice President Jean-Pierre Danthine said its 1.20 per-euro cap will stay in place.“Dudley is known to be on the dovish side, he does tell you the Fed is in no hurry to raise rates,” Jonathan Webb, head of foreign-exchange strategy at a unit of Jefferies International Ltd. in London, said in a telephone interview. “The economic outperformance is the key driver, meaning the dollar can still strengthen.”



http://mobile.bloomberg.com/news/20...sus-euro-as-dudley-urges-patience-on-fed.html

 

[piezoe]

No worries...savers are super happy with their 0.01% return in their savings account....just keep the rates at 0% ..that's the way to keep the games going. There is zero inflation according to the fed and Mr dudley ....I keep hearing how 75% of companies beat estimates and that job growth is back with housing at levels not seen in over 5 years but rates at 0%....raise the fucking rates....




The dollar weakened versus the euro afterNew York Federal Reserve President William C. Dudley said raising interest rates too early poses a bigger risk to the economy than acting too late.

The Bloomberg Dollar Spot Index fell while the Australian and New Zealand currencies rallied. The ruble declined as the European Union weighed adding sanctions against Russia. Switzerland’s franc was at almost the strongest level in more than two years against the euro even as Swiss National Bank Vice President Jean-Pierre Danthine said its 1.20 per-euro cap will stay in place.“Dudley is known to be on the dovish side, he does tell you the Fed is in no hurry to raise rates,” Jonathan Webb, head of foreign-exchange strategy at a unit of Jefferies International Ltd. in London, said in a telephone interview. “The economic outperformance is the key driver, meaning the dollar can still strengthen.”



http://mobile.bloomberg.com/news/20...sus-euro-as-dudley-urges-patience-on-fed.html

How long can earnings growth be sustained by cutting expenses (switching from full time to part time employees, and contract work.) and taxes (relocating to tax havens). Is there a limit to this? Or can it go on forever. It would be nice to see demand grow. As long as the U.S. continues its love affair with supply-side economics I don't see it happening.

 

[eurusdzn]

You have to save more to compensate for the super low rates.
Arrogant "i can cause inflation in 15 minutes" Ben was wrong.

The fact that those of an age that can save, and , are saving more and looking forward to deflation
is a problem for the fed. It has become personal for me that "they cant get my dollar".
Especially now, where long stocks with USD isnt maybe the best looking trade going forward. Who knows!
But, they will continue to try harder to flush out those dollars.

 

[eurusdzn]

Ok,well he said "i can stop inflation in 15 minutes" so before his buddies come out defending him here...
Well you understand what i meant.

Opinion aside, just look at a 1 year chart of EDZ2019 for an idea how market expectations of short term
Interest rates five years out are changing. There is a trend you can follow and a dip you
can buy, even if and , especially if , stocks falter.