Guessing Game Back On With Hike In Federal Interest Rates
Well, we're back to uncertainty when it comes to the future of federal interest rates. And we were so close, too.By Jake Godin | August 22, 2015
It wasn't too long ago when it seemed inevitable the Federal Reserve was going to (finally) jack up interest rates. Remember those days? (Video via Federal Reserve System)
While before, the question of when the Feds would raise interest rates seemed to be a simple curiosity. Now, it seems to be more of a harbinger of doom.
The global stock market has taken a clobbering, and that's not translating well for U.S. stocks.