When will the US Fed raise interest rates?

[GumbyLearner]

Will Ben Bernanke be re-appointed as US Fed Chairman and when will the US next raise interest rates?

 

[GumbyLearner]

IMO Bernanke is a shoe-in for re-appointment tonight. After all, it just wouldn't be logical for the Goldman crew to approve of the appointment of somebody else until the US dollar diminishes further in value. Herbert Hoover Mark 2??

 

[drsmith]

Another interesting question is the peak in the raising cycle. 5% or 0.5% ?

 

[GumbyLearner]

Another interesting question is the peak in the raising cycle. 5% or 0.5% ?

or maybe .502%

In-Geithner-We-Trust Bond Market Gets Lowest Yield

http://www.bloomberg.com/apps/news?pid=20601087&sid=afsQk.qqG7Ag&pos=6

Nov. 30 (Bloomberg) -- Less than a week after deflecting calls for his resignation, Timothy Geithner sold bonds on behalf of U.S. taxpayers at the lowest yields on record in a show of confidence in the Treasury Secretary’s policies.

Even as the nation’s debt increased by $1.15 trillion this year to $6.95 trillion in October, the government’s interest expense under Geithner dropped 15 percent, the biggest decrease since before 1989, according to data compiled by Bloomberg. The Treasury auctioned $44 billion of two-year notes Nov. 23 at a yield of 0.802 percent, the lowest on record.

 

[GumbyLearner]

Re: Should the Coalition reject outright the ETS and the CPRS?

Who got the cash?

 

[GumbyLearner]

If Bernanke mentions any earlier than expected US rate rises tonight.

I'm going long Au mid-late 2010 tomorrow.

JMO
DYOR

 

[Whiskers]

If Bernanke mentions any earlier than expected US rate rises tonight.

I'm going long Au mid-late 2010 tomorrow.

JMO
DYOR

Maybe more profit in going short the AUD. It looks a bit shakey to me... a bit of a sniff of US rates going up may just be the trigger for a sell off.

If I'm correct, the recent correction in the POG has anticipated a firming USD... not because of runaway inflation fears, but simply adjustment in exchange rates.

I'd say they won't increase rates for some time because the US economy is so 'consumption' driven, it will tend to stifle a recovey if raised too soon... least of all any mention just before the 'Xmas Shopping Season' as they like to say over there.