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Gold/Mining/Energy : KITCO - Gold discussion
GLD 368.18-0.5%Oct 31 5:00 PM EST

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From: Trinovant6/10/2016 9:22:18 AM
   of 989
 
Rate hike or no rate hike? Déjà vu all over again?

Date: Sat May 02 1998 17:34
Trinovant (Interest rates) ID#359316:
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This week past we have had the ranks of Fed officials trotting out warnings about the US economy overheating and how "appropriate action" should be taken ( read interest rate hike ) . This led to several percent drops in the stock indices in the first half of the week. Later in the week, the story reversed, with tame economic reports suggesting that there wouldn't need to be an interest rate hike after all...


The US Federal Reserve could rase interest rates as early as June, according to minutes from its April meeting - 18 May 2016
Uncertain economy may prompt Fed to delay rate hike, Janet Yellen suggests - 6 June 2016
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