The Federal Reserve said on Wednesday that it was likely to raise interest rates at the end of 2014, but not until then, adding another 18 months to the expected duration of its most basic and longest-running response to the financial crisis.
On the bright side, these guys didn't recognize an imminent depression, so maybe they don't know from recoveries, either.
Meanwhile, cheap money all around!
Sorry, savers. No soup for you.
Over/Under
S&P 500 on election day: 1,500
Posted by: Roch101 | Jan 25, 2012 at 07:32 PM