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Economics Discuss Janet Yellen Announces Federal Reserve Decision on Interest Rates at the Political Forums; Janet Yellen to Announce Fed Interest Rate Decision: Watch Live | Fortune.com Fed Raises Benchmark Rate as Inflation Approaches 2% ...

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Old 03-15-2017, 02:30 PM
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Default Janet Yellen Announces Federal Reserve Decision on Interest Rates

Janet Yellen to Announce Fed Interest Rate Decision: Watch Live | Fortune.com


Fed Raises Benchmark Rate as Inflation Approaches 2% (Bloomberg)

Just so ya know 2% is not inflation; it's actually deflation.

Quote:
In a widely anticipated move Wednesday, the Federal Reserve raised its benchmark interest rate for the third time since the Financial Crisis of 2008.
Quote:
The fed-funds rate rose by a quarter percentage point, to a range of 0.75% to 1%.
big whoop; let's see 5%
Quote:
Fed Chair Janet Yellen presents the bank's current economic projections and provides additional context for policy decisions in Washington today at 2:30 PM EST. Watch the video
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Old 03-15-2017, 02:39 PM
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Default Re: Janet Yellen Announces Federal Reserve Decision on Interest Rates

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Originally Posted by saltwn View Post
Janet Yellen to Announce Fed Interest Rate Decision: Watch Live | Fortune.com


Fed Raises Benchmark Rate as Inflation Approaches 2% (Bloomberg)

Just so ya know 2% is not inflation; it's actually deflation.

big whoop; let's see 5%
No, a 2% increase in the rate is to decelerate inflation. It is not itself inflation.
We have had free money for the last 8 years in a attempt to keep the economy on life support. Now that the economy is beginning to expand, Yellen is applying the brakes so that we do not have inflation. At least that's the operative story.

After yeas of zero to fractional adjustment from zero, 2% is huge, more like dropping a big anchor than just a regulation of velocity. Her move is in the right direction but a little over the top don't you think?

If I'm not mistaken, 2% is what we had in the Bush43 years.
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Old 03-15-2017, 02:56 PM
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Default Re: Janet Yellen Announces Federal Reserve Decision on Interest Rates

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No, a 2% increase in the rate is to decelerate inflation. It is not itself inflation.
We have had free money for the last 8 years in a attempt to keep the economy on life support. Now that the economy is beginning to expand, Yellen is applying the brakes so that we do not have inflation. At least that's the operative story.

After yeas of zero to fractional adjustment from zero, 2% is huge, more like dropping a big anchor than just a regulation of velocity. Her move is in the right direction but a little over the top don't you think?

If I'm not mistaken, 2% is what we had in the Bush43 years.
first house financing is screwed up with variable interest so only hurts buyer who was dumb to sign up for that. two no incentive to save.
three this helps bans lending to banks by keeping it so low
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Old 03-15-2017, 03:51 PM
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Default Re: Janet Yellen Announces Federal Reserve Decision on Interest Rates

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first house financing is screwed up with variable interest so only hurts buyer who was dumb to sign up for that. two no incentive to save.
three this helps bans lending to banks by keeping it so low
Lucky for you, breathing and a heartbeat is anatomical.
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Old 03-15-2017, 04:16 PM
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Default Re: Janet Yellen Announces Federal Reserve Decision on Interest Rates

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Originally Posted by FrancSevin View Post
Lucky for you, breathing and a heartbeat is anatomical.
if you don't understand the subject, franc, quit commenting on it.
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Old 03-15-2017, 04:48 PM
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Default Re: Janet Yellen Announces Federal Reserve Decision on Interest Rates

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if you don't understand the subject, franc, quit commenting on it.
I understand the subject Salty. I don't understand your postings.

Do you walk to school or take your lunch?

Higher fed rates are not Inflation.

The Fed doesn't provide home loans much less those with variable rates

A raise in the Fed does not help banks keep interest rates on mortgages low.
They will rise from their current historic lows immediately.
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Old 03-15-2017, 07:33 PM
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Default Re: Janet Yellen Announces Federal Reserve Decision on Interest Rates

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Originally Posted by FrancSevin View Post
I understand the subject Salty. I don't understand your postings.

Do you walk to school or take your lunch?

Higher fed rates are not Inflation.

The Fed doesn't provide home loans much less those with variable rates

A raise in the Fed does not help banks keep interest rates on mortgages low.
They will rise from their current historic lows immediately.
all those reflect the fed rate.
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Old 03-15-2017, 08:18 PM
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Default Re: Janet Yellen Announces Federal Reserve Decision on Interest Rates

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all those reflect the fed rate.
No.
Salty, I'm certainly not very smart but I know the difference between the Fed lending rate and inflation. You may well know of what you speak but you post in a format in which I cannot fathom what you are trying to communicate.

The Fed raises rates to prevent the economy overheating. And while that overheat may cause inflation, it is not the fed causing the inflation, it is the Fed stopping it.

The relation is not a chicken and the egg. It is, at best, the chicken, the farmer, and oatmeal.

The Fed recently raised the rate, and now is doing it again. The official excuse is to cause inflation to slow. But what it will do is raise mortgage and car loan rates and slow growth of the economy. Whether that is tied to Trump's plans or just another deep government roadblock is unknown. But I find it curious Janet Yellen waited until Barak was out of the White House to do it.

Wall Street has been sucking up the free money for years making a lot of folks richer. She should have put the brakes on sooner.

Now, all of this post is in English, with a logical progression of thought. Please have the courtesy to respond in kind. Perhaps then I can sort what it is you are trying to say
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Old 03-17-2017, 09:32 AM
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Default Re: Janet Yellen Announces Federal Reserve Decision on Interest Rates

We are under inflation even though the indicators do not look typical

Our goal however cautious should be to get the fed up to 3-4%
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Old Yesterday, 07:07 AM
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Wink Re: Janet Yellen Announces Federal Reserve Decision on Interest Rates

Granny says, "Tell her, don't let the screen door hit her inna butt onna way out...

Yellen to Leave Fed Board When New Leader Sworn In
Tuesday 21st November, 2017 - Fed Chair Janet Yellen says she will leave the U.S. central bank's board when her successor is sworn in early next year.
Quote:
Jerome Powell was chosen by President Donald Trump to head the Federal Reserve when Yellen's term expires. Powell must be confirmed by the U.S. Senate before he can take office, but analysts say his approach to managing interest rates is similar to Yellen's. She is credited with managing the economy in ways that boosted recovery from the 2007 recession and cut unemployment in half.


In her resignation letter to Trump, Yellen said she is 'gratified that the financial system is much stronger than a decade ago.' She also noted 'substantial improvement in the economy since the crisis." Yellen is the first woman to lead the Fed, and was a member of its board of governors before taking the leadership role. Her term on the board does not officially expire until 2024, and she could have stayed on if she wished to do so.

Candidate Trump criticized Yellen during his campaign, but praised her work after he became president. Yellen has served as vice chair of the Fed, president of the Federal Reserve Bank of San Francisco, and head of President Bill Clinton's Council of Economic Advisers. She has researched and taught economics at the University of California at Berkeley.

Yellen to Leave Fed Board When New Leader Sworn In
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