DislikedSo Bruce,
Once again, a silly question, and I don't pretend to totally understand economics.. but why would the FED want to raise rates if it results in the value of the DLR going down, what else is th eresult or rates being raised? I mean immediatly?
BristolIgnored
The FED does NOT want to raise rates PERIOD !!!
However if the market accepts their BS then it serves the same purpose as raising rates since they talk the US Dollar up !!!
However eventually if they do not raise as Oil goes higher and higher...
Everyone says BS and they lose credibility and then Forex Traders like you and I can send the US Dollar down to the Doggie House !!!
Bruce
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