News for hackers. Stuff that matters.

A comment on Fed Ends Zero-Rate Era. Parent comment

Re:Fed Ends Zero-Rate Era by skylan_q on Wednesday December 16, 2015 @09:34PM (#10749108)
Fed raising interest rates 0.25% and setting a goal of "normal" 2% by 2018 means little to nothing. Market already priced the miniscule rate hike in as the move was widely expected, and move did nothing to assure markets that the Fed is in control, or set credible, measurable goals for future hikes.

I'm pretty sure it doesn't mean nothing and that it actually is more than just symbolic.

[ Parent | on HN ]

There are no comments on this comment yet.