Prepare for liftoff: Fed signals March interest rate hike
The US Federal Reserve left interest rates unchanged, but Powell said the Fed is ‘of a mind’ to raise them in March.
Oh ya 2 year ago
All talk. It will never happen. The Fed has said it has a 2 % inflation target many times and has also admitted lately that inflation is running at 7 % (much higher if you figure it out like it was in 1980) (20%) and yet they did not raise the rates this meeting. They know they are trapped and can not raise them without crashing the stock market and without raising them to slow inflation we will get hyperinflation. Buckle up