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Time in a decade and the markets seem to like the cluelessness. The dow rose to 17,751. The s p climbed 15. Steve has more on what the fed did and did not say. The Federal Reserve left Interest Rates unchanged as expected but whether it hinted at a rate hike to come in the next meeting. On the one hand it upgraded one part joblgs. But it left the second one, inflation, unchanged. The fed doesnt want to show its hand as did it in the 2013 paper tantrum. We dont want to see any volatility in the Financial Markets the fed. There were solid job gains, a step closer to its criteria of gains in the labor market. It also suggested a lower bar for hiking saying it will hike when it seem some further improvement. Not just improvement. I think the fed is acknowledging, it is improving. The economy is standing up on its own two ....
Yet. In the minutes from its last meeting, policy makers at the central bank made it clear that they still want to see further gains in the job market and more evidence. Inflation. Just today, the Labor Department said Consumer Prices rose just. 1 in july. So while the fed didnt say a hike is coming in september, it didnt say its not. And there in lies the confusion which played out in the markets midday. So mark your calendars. The next meeting is only a month away. When the fed does hike rates, and it will at some point, it will impact everyone who has a savings accounts, wants to take a home mortgage, has a car loan or wants to put money into the stock market. A controversial, even confusing set of minutes from the Federal Reserves july meeting came out in which the markets could be seen as a dovish or indicating ....
The Sea Croft, Lytham St Anne's (Season 15 Episode 2 of 8): Alex Polizzi visits a seaside B&B and soon sees the potential for success. The Hotel Inspector airs on Quest at 10:00 PM, Saturday 1 June. Alex Polizzi visits a seaside B&B and soon sees the potential for success ....
The Hotel Inspector - Quest tvguide.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tvguide.co.uk Daily Mail and Mail on Sunday newspapers.