The arguments for suspcting the Federal Reserve might hike the rate at the discount window seemed pretty strong. But it didn’t happen.
When the Fed hiked rates exactly one month ago, it posted the news at precisely 4:30 on the Thursday followinbg the FOMC meeting. That was two minutes ago and nothing has been posted.
It’s safe to say that this just is not going to happen this month.
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See Also:
- Whatever The Fed Does, It’s Clear: The Dollar Rules, And The Euro Is A Dog
- RUMOR: The Fed Rate Hike Is Coming At 12:30 (But Here’s Why It Seems Unlikely)
- The Dollar Just Spiked Like Crazy On Rumors Of A Coming Fed Discount Rate Hike