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April 15, 2015
Fed’s Bullard says rate hikes are needed for coming ‘boom’
A leading hawk on the Federal Reserve on Wednesday made a case for raising interest rates soon, arguing the level needs to be appropriate for the coming “boom” for the U.S. economy.
Bullard also expressed his continued frustration that financial markets are not pricing in the same level of interest rates as the Fed’s own projections. Fed fund futures suggest the first increase in rates will come in December.
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1 hour ago
4 comments:
I've got just one word for you Stagflationary Mark:
Bulltard Propaganda!
mab,
Bullard claims that "The boom-bust cycle was eliminated"...
It was eliminated and will never be seen again!
It's just that we had this once in a centrury bust, then had 6 years of epic boom, and are *now* told to brace for the coming boom yet again. That's all, lol. Sigh.
Forehead. Desk. Whack. Whack. Whack.
Forehead. Desk. Whack. Whack. Whack.
I know! These Fed heads say the darndest things. It's unbelievable what they say. They ought to have their own tv show - "Stupid Fed Tricks" or something.
And yet, Wall St. movers and shakers are always willing to shell out $200K + to hear them speak at a luncheon.
$200k for a good forehead whacking. Now that's prosperity!
Masters of the Universe, lol! Bonfire of the vanities indeed!
mab,
$200k for a good forehead whacking.
Quarter million cans of sweet corn (on sale)! Vege-table prosperity, baby. That's what I'm talking about.
Quarter million cans to hear someonevtalk about inflation expectations and income inequality!!
Forehead. Vege-table. Whack. Whack. Whack.
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