Posted on 12/16/2015 3:50:54 PM PST by Nachum
On the 7th anniversary of entering ZIRP, and for the first time since June 29th 2006, The Federal Reserve announced today that it will try and raise interest rates:
*FED RAISES INTEREST RATES 0.25 POINT IN UNANIMOUS VOTE
Of course, the flowery language and dots are as dovish as possible while maintaining some semblance of credibility with regard growth expectations as The Fed unleashes a tightening cycle for the first time in over 11 years.
(Excerpt) Read more at zerohedge.com ...
The list, Ping
Let me know if you would like to be on or off the ping list
Dims know that they are going to be out after this next election so it’s time for them to start the process of wrecking the economy.
They are hiking into a recession..look out below
The Fed is always wrong. They have never successfully predicted a recession and won’t see this one coming
The Fed is hiking on the way into a deflationary depression IMO. Lets see how long before she has to take that poker out of the fire.
this is a 1984 your 20 gram chocolate ration is increased to 20 grams.
A slight increase to give a crumb to the senior zombie voters and say republicans are going to steal your social security.
The economy is zooming upward. We can increase interest rates now.
Scouts Out! Cavalry Ho!
Ruh rho
Got to get it started before next year so the disruptive effects on the markets won’t hurt the ‘rats too much in the election....
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.