Fed leaves key rate unchanged but signals future 'gradual increases' to prolong economic expansion.http://apne.ws/0r4VZp0
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The issue is we are getting near historical timetable for a recession. Lowering rates is one way to combat recessions. If rates are low it’s one less tool to fight . If low rates prolong an expansion period it seems the pendulum will swing farther into recession when it comes.
End of conversation
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More increases are not justified unless you want the poor & lower middle class to stay poor as interest rate increases stop small biz, 70% job creator, startups & expansion jobs
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