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C. Dolan

C. Dolan

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Gold Jumped up 20 bux.
Relief rally in that the rate didn't jump a full 1% ?
111546

..................................................................................................... Dead Cat Bounce ?
 
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tinhead

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Mainstream, conventional wisdom holds that Fed rate increases take six to nine months to worm their way into the economy. The increases started in March with a 0.25% nudge. The low side of six months has the effect of that modest increase just beginning to be noticed.

The bad news is that the next bump in rates, by a half percent, didn't happen until May, so don't expect any vast improvements on the inflation front much before Christmas.
 
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Wells Fargo saying stop jerking around and get it done once and for all with 150
If the powers that be had been raising rates by .25% per year, say from 2012 to `20 things could be better today. During that span things were OK and money was cheap, `prolly wouldn`t have been a big impact for most people. Just a thought.
 
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