Profile image
By silveristhenew (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

Fed Up Friday: Oct. 22 – 28

Friday, October 28, 2016 11:11
% of readers think this story is Fact. Add your two cents. / BY SCHIFFGOLD / OCTOBER 28, 2016

Despite today’s GDP numbers and many expecting a rate hike in December, get ready for years of continued low interest rates for a struggling economy. A rate hike this year will simply be “too little, too late” for our weakest economy since 2008. Learn more about how the Fed factors into all of this in this week’s Fed Up Friday.

Yellen’s Desire to Run up Inflation could cause “Civil War” at Fed

There are an increasing number of hawks at the Fed who are at odds with Yellen’s monthly plans to continuing the policy of waiting for “good” data. Many see last September’s meeting as being “the straw before the straw” that breaks the camel’s back. There seems to be a growing division between the two camps, with more hawkish members putting up a tougher fight in December.

As Peter said in his latest podcast, a December rate increase will “too little too late” to negatively affect the gold market. “The Fed is going to deliver far less than it promised when it comes to rate hikes.”


The post Fed Up Friday: Oct. 22 – 28 appeared first on Silver For The People.


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global


Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.