Federal Reserve Interest-Rate Decision—Live Analysis

Wall Street Journal ^ | 03/21/2018

[Sopater]

Join us for all the news and analysis of the Federal Reserve’s interest-rate decision and economic projections Wednesday, along with Jerome Powell’s first press conference as chairman.

[Sopater]

Live analysis on the ongoing Federal Reserve meeting

[Sopater]

It annoys me how all these clowns have to do is “talk” and my life savings waxes and wanes in response to their words.

[Jane Long]

I guess you could be thankful you live in a country where you can actually have life savings? As in, thank goodness you don’t live in Venuela, Russia, or a host of other countries.

I wonder what the average ‘life savings’ of an average Brit is, these days.

[pgkdan]

Is he speaking yet? The Dow’s dropped 50 points in the last couple of minutes.

[pgkdan]

Make that 75.

[Sopater]

I believe that he was just taking the podium as I was posting this thread.

[Sopater]

I suppose you have a point, but I don’t like to count my blessings based on how miserable everyone else is.

[thoughtomator]

A free market system would have no such thing as a central bank that could set interest rates.

What you are watching is the oligarchy fixing the economy to their own benefit and everyone else’s detriment.

[Sopater]

A free market system would have no such thing as a central bank that could set interest rates.

What you are watching is the oligarchy fixing the economy to their own benefit and everyone else’s detriment.

"Attempting to fix the economy", I would say. All they are doing is putting off the inevitable. Just because someone is damning up the river for their own benefit, you can't stop the waters forever.

[krunkygirl]

bttt n save

[Metrobank]

Riddle me this...Why are higher interest rates good for the stock market? They aren’t and yet any news propels this fake Stock Market higher. Inflation should be good for Gold and yet the Cartel that controls gold and silver prices keeps them depressed. Also, higher debt costs balloon US borrowing costs which increases the deficit. Screwy world where up is down and down is up.

[Sopater]

Riddle me this...Why are higher interest rates good for the stock market? They aren’t and yet any news propels this fake Stock Market higher. Inflation should be good for Gold and yet the Cartel that controls gold and silver prices keeps them depressed. Also, higher debt costs balloon US borrowing costs which increases the deficit. Screwy world where up is down and down is up.

I'll try to take a swing at your question...

Why are higher interest rates good for the stock market? They aren’t and yet any news propels this fake Stock Market higher.

Higher interest rates are certainly NOT good for the stock market, but with the Fed in charge of interest rates, they use the excuse that they are raising interest rates because the economy is doing so well. It is the misguided belief that (a) they are telling the truth as to why they are raising interest rates, and (b) that the economy is good, that causes investors with "dumb" money to invest in the stock market, thinking that they are following the lead and advice of the "experts".

[thoughtomator]

Higher interest rates are good for lenders (bond buyers in particular given the vastly greater size of the bond market relative to the stock market) and bad for borrowers.

We do need higher interest rates than we have now - much higher. Near-zero interest rates aren’t normal and real negative interest rates destroy capital investment. But having a cabal of insiders decide is not the way it should happen - the market should set interest rates based on supply and demand only.

[cgbg]

What you are watching is the oligarchy fixing the economy to their own benefit and everyone else’s detriment.

Exactly--while pretending to be acting in the public interest--they are sociopaths, pure and simple.

[CptnObvious]

to 1¾%

[DoughtyOne]

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