As expected by pretty much everyone, the Federal Reserve left the rates they control unchanged at the FOMC monetary policy meeting they just concluded.
In the statement, the Fed left the window for more rate hikes this year but indicated that any rate hikes will be at a gradual pace.
The full statement is here.
They are propping up this debt bubble. They will not willingly remove their support.
ReplyDeletecos they can't. they will be blamed. they don't want to be blamed.
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