Yellen mentions Fed rate hike probable in coming months

[TheAuger]

Just like Peter Schiff predicted -- that the Fed would come out and imply they would raise rates as a signal of overall confidence in the strength of the economy, when really it's just a bluff in order to spur consumer and institutional confidence.

 

http://www.cnbc.com/2016/05/27/yellen-rate-hike-probably-appropriate-in-the-coming-months.html

 

 

[utopian]

Interesting. The last time she hiked the rate, the market started falling. With this news, the uncertainty over the election, and mainstream media recognizing a housing bubble, I don't see how we won't be headed for a crash relatively soon.

[TheAuger]

Meanwhile, the Fed has commissioned white papers that support instituting NIRP.

 

http://www.zerohedge.com/news/2016-02-06/mechanics-nirp-how-fed-will-bring-negative-rates-us