Oh look, Yellen now says the case for raising rates has strengthened lol. So they raised rates at 2.5% GDP growth at the end of last year, punted the thing all year with shady jobs numbers that kept getting revised down, and then now we are at less than 1% growth and all of a sudden the case has "strengthened"? So much for being "data dependent" eh. Wait for the excuse when it comes time to actually raise it. Keep stringing everyone along, while pooping on the economy. Don't even know why anyone gives the fed credibility. It's time they get called out to just shut the hell up and not say anything anymore. lol
This is all a psychological game, trying hard to push every one and their mama's savings into the hyperinflated markets. But they know they have lost control and nothing else is working. The only thing that will work is to find a way for money to go directly to main street, average folks....not banks. Find a way to increase disposable incomes, then both spending and savings go up, then the economy throttles. Basic economics 101. It's actually mind boggling that with all the so called smart economists we have running things, they have complicated crap so much, and are missing the point as to how simplistic the solution to most complex problems are. Go back to the basics. Smh
What a mess.