Fed expected to make an announcment at 2 PM ET (economy, financial, money)

[knowledgeiskey]

What do you expect? I have faith in Yellen. She should know that this isn't the right time to raise rates. The market as of now isn't reacting positive to a potential hike.

[Hyperthetic]

Prolly going to announce bankruptcy.

[2e1m5a]

LOL "faith in Yellen". They only put her in there to take the fall later on. Bernanke is out like a thief in the night...

The market has reacted negatively to any perceived announcement of a rate hike ever since QE started and why wouldn't they? Greedy babies playing with free money-they don't want it to stop. What a sham.

[katzpaw]

It will be an interest rate announcement.
Check your talking points.
Do you want them to raise rates or not?

[TrexDigit]

Too much talk about it -- rate's baked in.
Mid-term volatility, consolidate and back to biz.

[MTAtech]

From what I know of Dr. Yellen, she understands the risk of raising rates too early. There are also no risk in delaying a rate hike. If the economy heats up too much, they can raise them then.

[MotleyCrew]

Have to raise them sometime.....going to pinch a bit.

[MTAtech]

Originally Posted by MotleyCrew

Have to raise them sometime.....going to pinch a bit.

There are only two reasons to raise rates: 1) inflation, and; 2) to cool and overheated economy. We have neither.

[knowledgeiskey]

Fed decides to keep rates at 0%!!!!!

[TrexDigit]

Oh well......

“Recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on inflation in the near term …
The Committee continues to see the risks to the outlook for economic activity and the labor market as nearly balanced but is monitoring developments abroad.”