BLOOMBERG Bloomberg Markets August 17, 2016
Increase. She was alone. The minutes showed that another fed official, presumably someone without a vote, also argued for a rate hike. Several officials said that they couldnt afford to make to wait much longer because of the following reasons. The labor market is already at or near full employment. Number two, the Economic Data already justified a rate hike. Inflation could suddenly accelerate, forcing the fed to move too quickly. Four, leaving rates where they are right now. Threatening financial stability. It is fascinating stuff to see these tensions building inside of the Central Banks. Y...