Fed Decision Thread

"At 2 p.m. ET the Federal Open Markets Committee will release its latest monetary policy decision. With market-implied odds of an interest rate rise hovering around 20 percent, tightening today would come as a major surprise to investors, even as some argue that the time is right to hike.

Discuss.

2 Comments
 

They need to go. The Fed has been paying wayyyy too much attention to what the market thinks. Time give a little surprise and take by control. It is only 25 bps, it won't sink the economy.

I think they go today.

"Some things are believed because they are demonstrably true. But many other things are believed simply because they have been asserted repeatedly—and repetition has been accepted as a substitute for evidence." - Thomas Sowell
 

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