Right but with massive debts and a fairly weak economy that is show signs of continuing to slow, this is exactly why the Fed is between a rock and a hard place.
The smart mmoney is on rates staying low for a long time which shows you just how powerless the Fed is right now.
The smart mmoney is on rates staying low for a long time which shows you just how powerless the Fed is right now.
They would LOVE to raise rates. They can't.