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« Should You Worry That the Stock Market Just Formed a “Death Cross”? | Main | Gold And Silver Surge, China And Russia’s Plans And Why We Are Not Ready For What Is Rapidly Bearing Down On Us »
Sunday
Sep202015

Fed's Williams still sees 2015 rate hike after 'close call'

An interest rate hike will likely be appropriate this year given the U.S. Federal Reserve's decision last week to stand pat was a "close call," a top Fed policymaker said on Saturday.

John Williams, a centrist and president of the San Francisco Fed, said the arguments for and against beginning to tighten U.S. monetary policy are about balanced now that the economy is on solid footing, giving him confidence in continued economic and labor market growth.

Williams, the first U.S. policymaker to speak publicly since the Fed's much-anticipated decision on Thursday, suggested he is almost ready to pull the trigger on a rate hike.


read more.......

No rate hike so a small bounce in silver prices

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