Fed holds line on rates, says no more hikes ahead this year
https://www.cnbc.com/2019/03/20/fed-leaves-rates-unchanged.html
Just as I said ...fed bows to wallstreet for the millionth time!!!!!
No more rate hikes.....yep...just what wallstreet wanted...and guess what no more rate hikes in 2020 and 2021, that whole talk about raising rates to 3-4% was just nonsense. Worthless gibberish out of the fed to make pretend they knew what they were doing...now all you fools will desperately be wishing rates were at 4-5-6% when the next collapse comes because the fed has nothing left but to go negative interest rates on the next economic recession....and it's funny because we hear about how great the economy is, and how stellar earnings are and how gdp is going to be 3% as wages start to increase but here is the fed keeping rates under 3%, how come? Why oh why with such a strong economy does the fed have rates on hold now under 3%??? I knew the fed wasnt going to raise rates in 2019. They are done. The next rate move is lower....