Posted 2/13/2016 08:22 (#5108166 - in reply to #5107803) Subject: RE: chinese banks about to collapse?
Well, I suppose predicting interest rates is kind of like predicting the weather, but the news I read is that Yellen, and the Fed, are on a course to tighten, that is raise, interest rates.
I might add, monetary policy is not about interest rates. It's about the pursuit of full employment and stable prices.