Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

lol! FED bankers never promise anything. in fact they stay most of the time as indifferent as possible.

Yeah, she's just a moneyprinting slut working for the banks. She will NOT raise the rate this year, and she will just keep her options open like today. Her boss, the private banks, want to continue printing money out of thin air at zero interest, lol.

CBC says the risk of a Grexit might put the Fed off raising the interest rates at all this year. Maybe if the Greece thing works out OK they might consider it, otherwise forget it.

http://www.cbc.ca/news/business/fed-keeps-interest-rate-steady-but-hints-at-hike-to-come-1.3117342

Some economists also note that if a Greek default and an exit from the euro currency alliance were to ignite turmoil in global markets, or if investors dumped bonds and sent long-term rates soaring, the Fed might decide to put off a rate increase until next year.

The real reason is simple. Bankers like free money. Bankers control the Fed.

It is pleasant to have an excuse, I suppose, but the fact is they have painted themselves into a corner. Any rate hike will only be posture, and it will be reversed quickly.

Exactly!