Quote:
Originally Posted by Rochard
Wasn't this entirely expected?
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It's been expected for the last two years but it didn't happen. The question is how long it takes to get to 2% and whether they actually reach 2%.
There's a large portion of the wall street who thinks its not going to reach 2% for a very long time and the greater likelihood is that the US economy goes into recession next year and rates get cut again to zero or even to a negative interest rate like up to -1%