Rate day in the us. I think they may actually raise and expand qe.
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If I'm wrong I'm gone i will admit i dont have the capacity to make calls anymore ill just read and make comments sorry in advance. Some of the limbs I've walked out on held some didnt Half an hour from now I'll know if this one held.
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Cautious Federal Reserve policymakers today held a key interest rate at near zero, opting to wait longer to remove the unprecedented easy-money stimulus to determine if recent global financial market volatility has slowed the U.S. economy. The move came amid high anticipation that policymakers would enact the first hike in nearly a decade in the so-called federal funds rate.
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The Americans are idiots not to raise the rate. Canada should be raising the PRIME by about 3% so that our seniors could get SOME return on their investments as well.
I remember when under Turdeau we got 19 3/4% on investments...those were the good old days. Inflation was rampant but one could double savings in no time at all.
Also when they do have to raise the rate it will shock a lot of new home buyers but the prices are way, way too high anyway.
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The Americans are idiots not to raise the rate. Canada should be raising the PRIME by about 3% so that our seniors could get SOME return on their investments as well.
I remember when under Turdeau we got 19 3/4% on investments...those were the good old days. Inflation was rampant but one could double savings in no time at all.
Also when they do have to raise the rate it will shock a lot of new home buyers but the prices are way, way too high anyway.
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