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Did The Apolitical Fed Just Admit It May Not Be Raising Rates Before The Election?

By Tyler Durden
Created 08/10/2015 - 12:09
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 08/10/2015 12:09 -0500



 

The supposedly independent, apolitical Federal Reserve - facing serious pressures from Republicans over leaks and transparency - may have just accidentally admitted it will not be raising rates any time soon (if ever):

  • *LOCKHART: ECONOMIC OUTLOOK TO INFLUENCE HOW U.S. VOTES IN 2016

One can only wonder how this will factor into The Fed's "make it up as we go along" strategy as credibility dwindles but survival trumps any populist backlash.

 

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Source URL: http://www.zerohedge.com/news/2015-08-10/did-apolitical-fed-just-admit-it-may-not-be-raising-rates-election

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