After weeks of speculation, the Federal Reserve has a meeting this week and will announce another rate hike.

There will be another rate hike as inflation is coming down, but it is nowhere close to the 2% goal.

It will be a slight increase of 0.25%, just enough to show they are still in the anti-inflation game. A slight increase will do little to harm the economy. The Fed has done at least 75% of the maximum increase needed in this cycle.

A minuscule bump will not kill the job market. The Fed does not need to worry until the jobs and employment statistics show two or three months of weakening.

A tiny advance does no harm to the banking system. The majority of the decrease in asset values has already occurred. Plus, banks can borrow against 100% of assets’ face value, causing no need to book a loss when raising liquidity.

All is as good as it usually is.

“It’s always something.”

ALL FED UP

Being all fed up has little to do with the Federal Reserve.

It is a visceral reaction to the overwhelming use of adjectives in financial journalism to make things seem worse than they are. Clickbait enhanced partisanship to gain eyeballs and sell more ads.

Listening to the rhetoric of either party is like having a little bit of vomit show up in the back of my throat.

The chain of articles about the FED never got off the ground as the FED is not doing much.

No matter what the latest news, until the base interest rates hit 2%, economic disaster lurks in every shadow.

Please Janet,

RAISE OUR INTEREST RATES!!!!!

These low interest rates are getting ridiculous. Massive subsidization of borrowers at the expense of savers. It has to stop.

A slow steady increase from ZERO to a rate that comes close to matching inflation would be a good for the economy and should not have a negative impact on the economy. Any business enterprise that can’t stand the increased interest rate was not viable to begin with.

OHHH!!! The market will PLUMMET!!

Look back at Quantitative Easing. QE was phased out slowly over a number of months. Despite the gloom and doom predicted for stock prices, the end of QE lead to market increases.

Why? Because the government was backing off from the artificial manipulation of the market. QE had stabilized the monetary markets and done its job. Time to go.

The same is now true of artificially low interest rates. Time to go.

Excess borrowing and avarice on the part of borrowers and lenders lead to the crash. Savers got left holding the bag.

The time has come for savers to get their fair share. The economy won’t die.

Sure the stock market won’t skyrocket but is there any reason to expect it to rise more than 5%?

Sure mortgage rates will go up and probably slow down home price appreciation. Is there any reason to expect increases of more than 5% per annum?

Slightly higher interest rates would bring back a sense of normalcy and strengthen the economy.

Speculative profit in the next quarter won’t be as great. Long-term, ten year profit, should be greater and stability assured. Stability leads to peace of mind.

Peace of mind leads to profit.