The fed is pointing at "global economic headwinds" and the Brexit as cause to hold rates low. Really? With CPI growth at this level isn't that enough of a reason? I do find it amazing that domestic monetary policy could be so linked to international ongoings.
https://www.yahoo.com/news/u-consumer-price-gains-slow-underlying-inflation-supported-124011839--business.html
Looks centered in healthcare and housing. Booooo.
The fed is pointing at "global economic headwinds" and the Brexit as cause to hold rates low. Really? With CPI growth at this level isn't that enough of a reason? I do find it amazing that domestic monetary policy could be so linked to international ongoings.
#economy