So, this sounds like a December rate increase....
zerohedge â€@zerohedge · 6m6 minutes ago
FOMC MEMBERS WANTED TO CONVEY DEC. LIFTOFF MAY BE APPROPRIATE
FED OFFICIALS MOSTLY AGREED ON GRADUAL ACCOMMODATION REMOVAL
23 retweets 4 likes
There'll either be a rate hike followed by a ruinious deflation that the Fed's will have a miserable time fixing, or there won't be a hike followed by more economic stagnation as folks continue to rethink their war on business.
Either way, it will be entertaining, and we'll know a lot more when the next PCE index comes out at the end of the month.
While they are abolishing or overhauling the FIT, do the same for the FED.
What was it you wanted instead of the Fed?