: Financial markets have been zigzagging with anxiety as investors have tried to divine whether the Fed will start phasing out the period of extraordinarily low borrowing rates it launched at a time of crisis in 2008, according to MSNBC. With the job market now considered essentially recovered from the Great Recession, many economists say it time to start edging toward normal rates. Unless they don’t. Others argue that many other factors – from a sharply slowing China to the tumult in markets to persistently less-than-optimal inflation – raise serious concerns. It kind of wild that we still don’t know what they are going to do so close to the meeting. They say the Fed should wait, until later this year or even until 2016.
(news.financializer.com). As
reported in the news.
Tagged under , topics.