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2016-09-21 — bloomberg.com
Federal Reserve Chair Janet Yellen braved mounting opposition inside and outside the U.S. central bank and delayed an interest-rate increase again to give the economy more room to run.
While agreeing that the case for a rate rise had strengthened, Yellen on Wednesday argued that it made sense to put off a move for now amid signs that discouraged Americans who dropped out of the labor market are returning and looking for work. Look at that; the Fed found an excuse... quelle suprise!! Gold and silver blasted off in response (and if there was less manipulation, they'd be up considerably more, just to preserve their pre-hike-headfake momentum...) source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |