Always in motion, is the future
So the US Federal Reserve has raised US interest rates by 0.25%pts after years of holding them on the floor. They are very smart people who should know what they're doing. It was a move long signalled in advance. They've indicated that they are not going to be moving to raise them again quickly, and when they do, it'll only be in small moves, and probably to much lower than the old normal. The immediate reaction in the market has been ... almost nothing. It's a positive sign: the Fed believes that the US economy has recovered sufficiently from the crash.
Nonetheless, and probably influenced by a Certain Film Franchise I'll be seeing later this morning, I can't help thinking "I have a bad feeling about this".
(I have a good feeling about the film, though, from the trailers and the initial reactions.)
This entry crossposted to http://doug.dreamwidth.org/308105.html, where there are
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Nonetheless, and probably influenced by a Certain Film Franchise I'll be seeing later this morning, I can't help thinking "I have a bad feeling about this".
(I have a good feeling about the film, though, from the trailers and the initial reactions.)
This entry crossposted to http://doug.dreamwidth.org/308105.html, where there are
comment(s) not shown here.