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Fed Rate Hike: Mission Abort!

Fed Rate Hike: Mission Abort!

4 Years ago | September 18, 2016 00:00:00

John M. Bland, MBA

FOMC Wednesday
So here we go again. The next Fed policy decision is scheduled for Wednesday, September 21 at 18:00 GMT. Fed Chair Yellen had put this meeting into play for a possible 25bp rate hike recently at the Jackson Hole Symposium, but economic data between then and now have been disappointing and called the outcome of the meeting into question. Then a week ago, Boston Fed President Rosengren, a former dove, seemingly sent a message that this meeting is still in play. Subsequently on Monday, Fed Governo

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