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RE: Janet Yellen (The Federal Reserve) did not raise rates today! Of course not. Here's why!
Not only that, but raising interest rates during an economic downturn isn't a good move with the bubble they created. In addition itd destroy their balance sheet. As buyers of last resort for the past failed bond auctions, theyd lose their ass.
Hey Tee-em,
Well in the near/short term the economy is in a sideways/down trend but the economy overall has been viewed as being in an uptrend since the economic recovery of 2008's market crash (depending on who you speak to of course). Personally, though, I just do not see the necessity to increase rates right now. Let's see what happens by the end of this year like the FED says.