Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: chartseer who wrote (28649)	1/25/2012 1:48:02 PM
From: chartseer	Respond to of 222390

late 2014 no less................

To: chartseer who wrote (28649)	1/25/2012 5:10:57 PM
From: Jopps	Respond to of 222390

I wanted to clarify a couple of things: 1. The Fed talked about keeping rates low until 2015...Central banks from other countries are not happy about this at all since it will keep interest rates low for everyone. 2. The Fed actually made no commitment to keeping rates low until 2014. The members of the Federal Reserve said that their INDIVIDUAL best estimate of appropriate monetary policy would involve keeping rates extraordinarily low until at least late 2014. Big difference. There was no unanimity on this, some members had dissenting views. Individual members weren't even guessing what the committee would do, they were guessing what they individually expect to be appropriate. Don't be surprised if the Fed raises interest rates before 2014. If the Fed had actually made a firm commitment, the market would have been up much higher today.