Fed Officials Suggest Faster Rate Hikes, Admit Inflation Is 'Very High': Fed Minutes
The Federal Reserve plans to move forward with multiple 50-basis-point interest rate hikes to fight inflation, FOMC minutes show.
Source: theepochtimes.com
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Detailed text transcripts for TV channel - CNN - 20181219:12:34:00
And then the stock market will go through the roof. >> i want to play what greenspan had to say. >> are we still in a bull market? >> no, we can see it by the reaction of recent days. it would be very surprising to see it sort of stabilize here and then take off again, but it has happened in the past however at the end of that one, run for cover. >> your point, china's deal could change things and then at the end of it, run for cover. those are sobering words? >> they are. greenspan is a smart guy and he did a good job at the fed, i think he was there over a decade. he's not an oracle, and non...
Source: archive.org