Re: Federal Funds Rate Increased by. 25 Percent
in response to
by
posted on
Dec 16, 2015 06:39PM
"Well now that the FOMC has increased rates"
Yeah, everything is roses....lol
Thing is, the rate has been 12 bases points for ever. There have been NO rises to the rate for ever. 2007
Yet, Yellen is stating we are now @ 1/2 percent.
We are at 37 bases points.....12 + 25. 12 being the lowest it went since 2007.
If not, the rates have risen 13 bases points without anyone the wiser.
13 + 37 = 50 bases points or 1/2 percent.
The games played over the last year are amazing....all over 25 points...Yeah there's nothing wrong....everything is just rosy.
They are manipulating everything from labor reports, unemployment reports, housing reports....you name it they manipulating it.
They might just as well be hammering the economy out of metal they're making so much noise.
Everything just seems to so hollow to me.
doni