Wednesday, August 26, 2015

BREAKING New York Fed President: September Rate Hike Less Compelling

At a press conference this morning, Federal Reserve president William Dudley said international developments, including a slowdown in the Chinese economy and falling commodities, have made the possibility of a rate hike at the September FOMC meeting "less compelling."

He added, however, that things could change between now and the meeting, which is scheduled for September 16-17.



  1. So, who's going to be the first to put together a Peter Schiff montage video?

    1. less compelling? is that short for Wall St freak out?