Feds Interest Rate Stance equates to Nonsense-Video article

Feds Interest Rate Stance equates to Rubbish-Video article

Feds Interest Rate Stance: Nothing But Hot Air

This is a video version of the article titled “Feds Interest Rate stance equates to Rubbish-Economic Recovery is Illusory,” which includes an excerpt provided below. Many of our readers have requested video articles, so from now on, we will provide all new articles in text or video format.

Do you remember when the Federal Reserve raised interest rates for the first time in over a decade? They warned everyone that they would increase rates several times in 2016, but nothing happened until now. They’re now repeating the same pattern. To understand how weak the economy is, consider that the Fed has raised rates only twice in the last ten years, even though the economy was much stronger in 2006 and 2007 than it is today. Yellen’s statement below indicates that the Fed is positioning itself to pull another “oops, we were wrong again” moment.

Yellen said, “All the Federal Open Market Committee participants recognize that there is considerable uncertainty about how economic policies may change and what effect they may have on the economy.”

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