Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in
ArticlesNewsFlowGold & Silver PricesMarket Briefing

Why is the Fed So Desperate to Hike?

IMG Auteur
Mish
Global Economic Analysis
Published : August 26th, 2016
140 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Disclaimer
Category : Opinions and Analysis

Yellen’s speech today in Jackson Hole shows a Fed that appears desperate to hike rates. Why?

Here are the last four quarters of GDP.

  • 3rd Quarter 2015: 2.0%
  • 4th Quarter 2015: 0.9%
  • 1st Quarter 2016: 0.8%
  • 2nd Quarter 2016: 1.1%

It’s highly unlikely the Fed believes 1% is the new normal for robust growth. So why is it so desperate to hike rates?

Top Reason Fed Wants To Hike
1. Asset bubble worry
2. Strong jobs inflation
3. So it can cut later
4. Fed clueless

— Mike Shedlock (@MishGEA) August 25, 2016

No Confidence

Despite wanting the hike, a Yellen slide from the Jackson Hole symposium shows the Fed has little confidence that it will hike.

Jackson1

For details please see Yellen Discusses “Tools”: She’s 70% Confident That Rates will Be between 0 and 4.5% in 2018.

Mike “Mish” Shedlock

 

Source : mishtalk.com
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
IMG Auteur
Mish 13 abonnés
Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com
WebsiteSubscribe to his services
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
MOST READ
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Gold Editorials | Gold Resource News | Gold Fundamental | Gold Discoveries and Drilling Results | Gold Exploration and drilling | Gold In the News and Medias | Gold Most Read Press Releases | List of Copper mining companies | List of Lead mining companies | List of Nickel mining companies | List of Zinc mining companies | List of Gold mining companies | List of Silver mining companies | List of Platinum mining companies | List of Diamonds mining companies | 金銀市價 | सोने_की_कीमत_और_रजत | Precio del oro y plata | أسعار_الذهب_الفضة | ราคาทองคำและเงิน | gold und silberwechselkurs
Contact us Privacy policy Disclaimer About us
copyright 24hGold