Fed debates merits of earlier rate hike given U.S. jobs gains

Comments (5)
BeRealistic wrote:

“…but doesn’t want to bring forward a planned rate hike until the recovery looks more convincing,…” – In other words, not even the fed believes the labor market picture that is being forced on us. Duh, it doesn’t take a genius to figure that out.

Aug 20, 2014 2:24pm EDT  --  Report as abuse
ineeditbad wrote:

American Middle Class going down, third time, Please HELP! NOW…

Aug 20, 2014 2:44pm EDT  --  Report as abuse
ineeditbad wrote:

Dear U.S. Federal Reserve Chair Janet Yellen,
I’m almost Dead…Please, do not accept the reports of the Economy healing…It’s a lie…Middle Class American, 50yrs old. 9yr old son, going down…Almost gone…Pride has held me up, but Government and Corporations, have destroyed my family.

Aug 20, 2014 2:57pm EDT  --  Report as abuse
divinargant wrote:

While it is more than likely not to be revealed at the hole in Jackson nor anywhere else publicly, the Fed along with Yellin know that deep down (despite the seemingly willingness of some members) raising the overnight rate would indicate an improving economy and inflationary pressures (of the sort they seek) and that scenario is not showing signs of playing out so the need to get ahead of that curve is not yet there. I believe they know and will act according to fiscal policy (or lack of) coming from D.C. as well as the quality of the labor market with respect to wage inflation (or lack of) as well as part time/full time (still lagging) employment. This means the divide between those that have will be getting even more while those under pressure will continue to get the hammer. Get ready for another bout of jawboning.

Aug 20, 2014 6:24pm EDT  --  Report as abuse
d_web wrote:

Most Americans are happy with there new low paying part-time jobs
and applaud the feds printing up 7trillion of there money to dump it on the rich wall Street elite..Furthermore they are very happy that you eliminated the middle class leaving them very poor so they can serve the extremely rich and well paid government pensioners.

Aug 20, 2014 7:13pm EDT  --  Report as abuse
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