Quote:
Originally Posted by Tony T
The Fed Gave Trump What He Wants, Carefully
"Rate hikes seem to be off the table.
Forecasts show that Fed officials broadly expect not to raise rates at all this year, with a single rate increase in 2020 and none in 2021"
S&P at 2850 and ~65 points from the all-time high.
.
|
Fed thinks the economy is too weak to absorb a rate hike?