Federal Reserve to Raise Interest Rates : - GoFuckYourself.com

blackmonsters · 12-16-2015, 05:42 PM

Thanks Obama

Federal Reserve Raises Interest Rates for First Time in Nearly a Decade - ABC News

Quote:

The Federal Open Market Committee (FOMC) announced today that it was raising short-term rates by a quarter point -- the first increase in nine years.

The unanimous decision had been widely expected by investors after Federal Reserve officials, including Chairwoman Janet Yellen, had hinted that the central bank was ready to change direction after keeping interest rates between zero and one-quarter percent since December 2008 to encourage spending and bolster the economy.

The FOMC said in a statement that "there as been considerable improvement in labor market conditions this year, and it is reasonably confident that inflation will rise, over the medium term, to its 2 percent objective. The stance of monetary policy remains accommodative after this increase, thereby supporting further improvement in labor market conditions and a return to 2 percent inflation." .............

CAHEK · 12-16-2015, 05:52 PM

blackmonsters · 12-16-2015, 05:55 PM

Quote:

Originally Posted by CAHEK

Like no shit; unchecked inflation and a trillion dollar fuck off in Iraq caused it to crash.

Dead · 12-16-2015, 06:00 PM

Sweet, so i can still get a home for no money down?

blackmonsters · 12-16-2015, 06:02 PM

Quote:

Originally Posted by Dead

Sweet, so i can still get a home for no money down?

Probably not since you're not the only one who can afford one anymore.

Rochard · 12-16-2015, 06:36 PM

Wasn't this entirely expected?

blackmonsters · 12-16-2015, 06:49 PM

Quote:

Originally Posted by Rochard

Wasn't this entirely expected?

Who knows?
I needed some shit to post so.....

Vendot · 12-16-2015, 07:14 PM

Quote:

Originally Posted by Rochard

Wasn't this entirely expected?

It's been expected for the last two years but it didn't happen. The question is how long it takes to get to 2% and whether they actually reach 2%.

There's a large portion of the wall street who thinks its not going to reach 2% for a very long time and the greater likelihood is that the US economy goes into recession next year and rates get cut again to zero or even to a negative interest rate like up to -1%

onwebcam · 12-16-2015, 08:33 PM

Why should the central banks make any more than that? They are a private bank so a handful of "shareholders" are earning interest on trillions of computed digits..

nico-t · 12-17-2015, 03:13 AM

the fed: Elbow deep in presidents since the 70s.

JFK · 12-17-2015, 03:24 AM

Quote:

Originally Posted by nico-t

the fed: Elbow deep in presidents since the 70s.

pornmasta · 12-17-2015, 04:05 AM

yes, thanks

Barry-xlovecam · 12-17-2015, 04:56 AM

The US money markets immediately raised their interest rates the full .25%.

Thanks for the pay raise US Fed!

Vendot · 12-17-2015, 07:59 AM

Quote:

Originally Posted by onwebcam

Why should the central banks make any more than that? They are a private bank so a handful of "shareholders" are earning interest on trillions of computed digits..

Sure but most central banks are government owned.

The Federal Reserve is the only central bank that is privately owned, right? And does anyone know who the owners are?

ArtificialTraffic · 12-17-2015, 10:24 AM

lower rates ... everyone can loan "cheap money" ... keep loaning. Businesses will boom, people are spending more, buying houses way more expensive ...

Rise the rates, let all the economic iliterates to lose those houses in foreclosures, let all companies running on loan & high sales expentancy to go into financial troubles.

Buy them for fraction of pennies.
Same with houses.

Now business is suffering, but NOW, as we purchased many business, our businesses are suffering. So let's drop rates back to 0 and start this "good bad economy" shit once again.

Dead · 12-17-2015, 05:48 PM

Shit its an election year again???

keysync · 12-17-2015, 05:54 PM

Quote:

Originally Posted by dead

shit its an election year again???

ding ding ding!!!

TheSquealer · 12-17-2015, 06:01 PM

Unemployed and broke, yet worried about interest rates.

Makes sense.

blackmonsters · 12-17-2015, 06:03 PM

Quote:

Originally Posted by TheSquealer

Unemployed and broke, yet worried about interest rates.

Makes sense.

You must be talking about yo mama.

TheSquealer · 12-17-2015, 06:11 PM

Quote:

Originally Posted by blackmonsters

You must be talking about yo mama.

Apparently I'm taking to a caricature of an 80's black sitcom character

onwebcam · 12-20-2015, 09:44 AM

Quote:

Originally Posted by Vendot

Sure but most central banks are government owned.

The Federal Reserve is the only central bank that is privately owned, right? And does anyone know who the owners are?

The shareholders are pretty easy to spot just look at who always gets to appoint board members Goldman, BOA, etc.

They claim the shares can't be sold so what they did is created a entity that holds the shares which can be bought and sold.

12-16-2015, 05:52 PM	#2
CAHEK C.C.C.P. Industry Role: Join Date: Aug 2003 Location: Novorossiya Posts: 6,104	__________________ Pharma from True-Meds. High converting shop in Europe and USA, fast payouts via BTC !!!

12-16-2015, 06:36 PM	#6
Rochard Jägermeister Test Pilot Industry Role: Join Date: Dec 2001 Location: NORCAL Posts: 70,342	Wasn't this entirely expected? __________________ “The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL \| THE BEST ADULT MAILING SOLUTION

12-17-2015, 10:24 AM	#15
ArtificialTraffic Registered User Industry Role: Join Date: Feb 2015 Posts: 65	lower rates ... everyone can loan "cheap money" ... keep loaning. Businesses will boom, people are spending more, buying houses way more expensive ... Rise the rates, let all the economic iliterates to lose those houses in foreclosures, let all companies running on loan & high sales expentancy to go into financial troubles. Buy them for fraction of pennies. Same with houses. Now business is suffering, but NOW, as we purchased many business, our businesses are suffering. So let's drop rates back to 0 and start this "good bad economy" shit once again. __________________ Need artificial traffic? Upvotes of your videos? Views on your videos? Comments? Accounts generating from 10,000 IP's (no Hitleap crap)? I can emulate human behavior online like noone else. PM me E-mail: [email protected]

12-17-2015, 06:01 PM	#18
TheSquealer BANNED Industry Role: Join Date: Oct 2004 Location: In Your Head Posts: 22,769	Unemployed and broke, yet worried about interest rates. Makes sense. __________________ If you don't like that Elon Musk bought twitter,... just build your own and stop crying about it.

12-16-2015, 06:00 PM	#4
Dead They left the door open Industry Role: Join Date: Apr 2003 Posts: 3,683	Sweet, so i can still get a home for no money down?

12-16-2015, 08:33 PM	#9
onwebcam Fake Nick 1.0 Industry Role: Join Date: Oct 2005 Location: Rent free, your head Posts: 26,772	Why should the central banks make any more than that? They are a private bank so a handful of "shareholders" are earning interest on trillions of computed digits..

12-17-2015, 03:13 AM	#10
nico-t emperor of my world Join Date: Aug 2004 Location: nethalands Posts: 29,904	the fed: Elbow deep in presidents since the 70s.

12-17-2015, 04:05 AM	#12
pornmasta Too lazy to set a custom title Join Date: Jun 2006 Posts: 17,641	yes, thanks

12-17-2015, 04:56 AM	#13
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083	The US money markets immediately raised their interest rates the full .25%. Thanks for the pay raise US Fed!

12-17-2015, 05:48 PM	#16
Dead They left the door open Industry Role: Join Date: Apr 2003 Posts: 3,683	Shit its an election year again???