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Re: Fed Signals It May Increase Interest Rates by Midyear

By: ribit in FFFT3 | Recommend this post (0)
Thu, 19 Mar 15 1:13 AM | 35 view(s)
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Msg. 10437 of 65535
(This msg. is a reply to 10426 by oldCADuser)

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You have some increase in both the work week and in payrolls before you say that we're approaching full-employment.

...nonsense. It can all be done with part time, temporary, minimum wage jobs with no benefits. Just ax obonzo.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!




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The above is a reply to the following message:
Re: Fed Signals It May Increase Interest Rates by Midyear
By: oldCADuser
in FFFT3
Thu, 19 Mar 15 12:17 AM
Msg. 10426 of 65535

And then again, they may not. I suspect that until they see real wage inflation, they're willing to hold off a bit longer. Unemployment levels alone does not a strong economy make. You have to have some increase in both the work week and in payrolls before you can say that we're approaching full-employment. What some are unwilling to accept or at least see, is that the length and depth of the recession along with the increase in the disparity in wages and wealth, that these factors have 'reset' what the old benchmark statistics were. It's a different world out there today and the Fed is trying to move to an environment where these new metrics are the ones which will say when it's OK to start adjusting their policies and until then, while they may give the impression of a pending increase I suspect that they've also raised the bar as it were.


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