It appears recent tumult has forced the retarded Federal Reserve to see the light. The pervasive operators on Wall Street have implemented a very keen and effective propaganda campaign, in order to coerce the Fed to shut the fuck up about rate hikes.
Apparently, it’s working.
Fed’s Rosengren said:
“Recent global events may make it less likely that the 2 percent inflation target will be achieved as quickly as had been projected in recent forecasts by private economists or by Federal Reserve policy makers,” Rosengren said in the text of a speech he is scheduled to deliver Tuesday in Waterville, Maine. “If inflation is slower to return to target, monetary policy normalization should be unhurried.”
“We cannot take for granted that regular, persistent, but seemingly temporary shocks to inflation will not have a larger and more lasting impact,” Rosengren said in a speech made today at Colby college.
Dow futures are little changed, up 14.
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So excellent that money will be almost free again, and then less than free, and that we will be able to make more awesome choices regarding the allocatation of capital for another few years.
How do you say his name? –> https://youtu.be/5oWVF51WbWk