Fred S

What the Fed's Latest Decision Means for Investors

The fed is a vessel of the Big banks. They are trying to buy time for the banks by keeping their borrowing costs low while their lending rates are increasing. This approach is the best chance of getting the banks profitable again. In addition the fed would be be irresponsible to raise rates at this point since we in a recession. This whole episode exposes the massive corruption that has been the framework for the last 6 or 7 years.