Will the FOMC Raise Rates - Dec 2015 - Poll
After nearly 7 years of rates at near zero levels, the Fed FOMC is estimated by certain groups to have a 75% chance of a rate increase to 0.25% interest rates.
With terrorist attacks around the world, ongoing wars, major nations reducing lending rates (some to negative), financial crisis around the world, strong US dollar hurting US exports, and weak oil prices depressing jobs in the energy sectors.
As well as high involuntary unemployment.
With all of those negatives, and on the positive side you have a strong auto sales numbers?
To me it doesn't seem likely they will change the rate at the next meeting, but let's do a poll of what other people think.
The Fed chair Yellen has mentioned that a rate increase at the Dec meeting is a 'live possibility', but it's worth noting that it has been a live possibility for the last 7 years, at times obviously a more remote possibility than others. As Peter Schiff has pointed out, it's possible that Yellen has a sex change operation before the next meeting, but a possibility doesn't mean that it's probable.
Last edited by Modelexis; 12-03-2015 at 03:15 PM.
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