Federal Reserve Bank of America has announced an Emergency Meeting on Monday

coinpr0n

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Quote from: Amph on November 24, 2015, 02:50:41 AM

what monday next monday? where is the source, post like this does mean nothing

Last Monday (yesterday). I saw this reported on a bunch of news outlets. What I can't figure out is what came out of it ... Not sure if any public statement was made. Impression I get is that there's a high chance of rate hikes in December.

Mickeyb

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Move On !!!!!!

Quote from: Meuh6879 on November 23, 2015, 03:01:30 PM

Quote from: paradoxum on November 22, 2015, 06:50:19 AM

It's technically illegal to have negative interest, but they sure as hell can charge insane fees to end up with the same effect.

illegal ?

in Europa, it's quite common now ... Roll Eyes

Yes, ask people in Germany and Switzerland how illegal it is? Cheesy

Amph

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what monday next monday? where is the source, post like this does mean nothing

but remember that everything they will talk about is only for america, how this can be useful for everyone else on the globe?

Denker

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Quote from: paradoxum on November 22, 2015, 06:50:19 AM

Quote from: Barnabe on November 22, 2015, 06:42:39 AM

Quote from: Meuh6879 on November 21, 2015, 06:10:13 PM

negative interest.

The US economy is going quite well now, do they really need negative interest to maintain the ~1,5-2% growth they had last few semesters ?

It's technically illegal to have negative interest, but they sure as hell can charge insane fees to end up with the same effect.

If the US economy is doing well then Timothy Geitner is one honest tax paying fellow Roll Eyes

First: In Europe we already have negative interest rates!No joke!
Second: The Elite doesn't give a f*ck about the laws. They always find a way or exception to circumvent these laws.
In times of self protection, and that is right now, it is better to follow your stomach and instinct instead of what some people of government say or what is written as law.
For instance when my chief of state says the deposits are safe, hell I know the shit is burning!!

Meuh6879

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Quote from: paradoxum on November 22, 2015, 06:50:19 AM

It's technically illegal to have negative interest, but they sure as hell can charge insane fees to end up with the same effect.

illegal ?

in Europa, it's quite common now ... Roll Eyes

RustyNomad

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Quote from: Barnabe on November 22, 2015, 07:01:59 AM

Quote from: paradoxum on November 22, 2015, 06:50:19 AM

Quote from: Barnabe on November 22, 2015, 06:42:39 AM

Quote from: Meuh6879 on November 21, 2015, 06:10:13 PM

negative interest.

The US economy is going quite well now, do they really need negative interest to maintain the ~1,5-2% growth they had last few semesters ?

It's technically illegal to have negative interest, but they sure as hell can charge insane fees to end up with the same effect.

If the US economy is doing well then Timothy Geitner is one honest tax paying fellow Roll Eyes

Of course, I was talking about the official numbers, but if they are fake then ...
But still unemployment seems to be down and that usually means economical recovery (but if again these numbers are fake or manipulated then ... Grin

)

Very easy to bring unemployment down, you just stop counting all those who have been without a job for an extended period of time and classify them as 'discouraged workers' meaning people who do not have a job but who are no longer looking for a job. These discouraged workers are thus no longer counted as unemployed making the reported unemployment figure lower than the true actual figure.

I think the general consensus is that the unemployment figure in the US is actually 2 to 4% higher than the reported figure. And this is not just happening in the US, it happens worldwide. Each country have their rules etc.. when it comes to the calculation of employment figures and each have their bucket of tricks to fudge that figure just that little to make it look better.

Barnabe

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★Bitvest.io★ Play Plinko or Invest!

Quote from: paradoxum on November 22, 2015, 06:50:19 AM

Quote from: Barnabe on November 22, 2015, 06:42:39 AM

Quote from: Meuh6879 on November 21, 2015, 06:10:13 PM

negative interest.

The US economy is going quite well now, do they really need negative interest to maintain the ~1,5-2% growth they had last few semesters ?

It's technically illegal to have negative interest, but they sure as hell can charge insane fees to end up with the same effect.

If the US economy is doing well then Timothy Geitner is one honest tax paying fellow Roll Eyes

Of course, I was talking about the official numbers, but if they are fake then ...
But still unemployment seems to be down and that usually means economical recovery (but if again these numbers are fake or manipulated then ... Grin

)

erickimani

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i dont know what is your source but if it is true, then the government is panicking, they are in a big dilemma what to do. if they dont act soon, then the economy of the world will be in a very tight corner. people will lose trust in the dollar and people will start adopting the use of other more reliable currencies like the cryptocurrency and this is hell for any government. lets stick to our stronghold.Bitcoin

paradoxum

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Quote from: Barnabe on November 22, 2015, 06:42:39 AM

Quote from: Meuh6879 on November 21, 2015, 06:10:13 PM

negative interest.

The US economy is going quite well now, do they really need negative interest to maintain the ~1,5-2% growth they had last few semesters ?

It's technically illegal to have negative interest, but they sure as hell can charge insane fees to end up with the same effect.

If the US economy is doing well then Timothy Geitner is one honest tax paying fellow Roll Eyes

Barnabe

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★Bitvest.io★ Play Plinko or Invest!

Quote from: Meuh6879 on November 21, 2015, 06:10:13 PM

negative interest.

The US economy is going quite well now, do they really need negative interest to maintain the ~1,5-2% growth they had last few semesters ?

Meuh6879

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negative interest.

angaper

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This new is fake because Fed this moment is being very prudent in its statements, and the next FOMC meeting will take place in December. Although Fed members have insisted on leaving a window open to hike rates next month, actually it is more likely to occur on March.

RustyNomad

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They cannot afford to hike rates and especially not with 1%.

If they do hike rates, which I strongly doubt, it will in all probability be a 25 basis point (0.25%) hike at the most. The reasons and or conditions for a hike in rates are all artificial i.e. created by the fed themselves with their monopoly money. The underlying fundamentals in the markets paints a completely different picture. If you look at some of the fundamentals there are more reasons to cut rates but that can no longer be done as they are on zero already.

In my opinion, at this stage of the game, the chances of negative rates are better than that for increased rates. But then again, when last did the Fed do something that made sound economic sense?

Bitcoinpro

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Quote from: P-Funk on November 21, 2015, 03:51:20 AM

Where's your source?

u mean for the meeting, try the website or zeeohedge

as for my predictions a gazzillion hours of econics

study and i cant even remember being wrong with my

any preductions every, i got every single rate cut right

and for the Aus gov too Cheesy

P-Funk

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Token

Where's your source?

Bitcoinpro

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Quote from: RustyNomad on November 21, 2015, 02:06:19 AM

The next meeting in so far as rates are concerned is only supposed to be next month so cannot think that they will do anything about rates on Monday. But with that said, one just never know, most central banks are out of ammunition so only tools they really have left to move the markets, to where they want them, is to spread fud and what better way to do this than to have an 'emergency meeting'.

This will just sent volatility through the roof on Monday and screw every trader over. In my opinion this is just going to be one big 'jaw bone' effort to drive the markets with nothing coming from the meeting.

they will raise rates a full percentage point, they are panicking now i suggest at the normal meeting they will go another half point

and then more half points from then on, sit back and enjoy the show

RustyNomad

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The next meeting in so far as rates are concerned is only supposed to be next month so cannot think that they will do anything about rates on Monday. But with that said, one just never know, most central banks are out of ammunition so only tools they really have left to move the markets, to where they want them, is to spread fud and what better way to do this than to have an 'emergency meeting'.

This will just sent volatility through the roof on Monday and screw every trader over. In my opinion this is just going to be one big 'jaw bone' effort to drive the markets with nothing coming from the meeting.

Bitcoinpro

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Quote from: knight22 on November 21, 2015, 01:34:22 AM

Short the stock market.

yes i just read the zerohedge page its to discuss a rate move

every market in the world opens before 2:30pm here goes

50% of your retirement savings

knight22

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--------------->¿?

Short the stock market.

Bitcoinpro

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this will be to raise interest rates

wats ur prediction on the outcome of this meeting?

Topic: Federal Reserve Bank of America has announced an Emergency Meeting on Monday (Read 1346 times)