But what could she have said ? she said they will monitor the US & global markets - and that employment is on the rise. If stocks drop - the fed can't step in each time. were folks expecting her to say - yes we'll drop the interest rate in march. I'd say after yellen, they're all waiting on draghi to do something. Just my 2c.
I think she has thrown the markets under the proverbial bus. I have only seen reports rather than first hand but is it a good idea for the head of the FED to talk Negative rates and of "no reason to alter the present course of policy" in the same chat? I don't think so. Confusion reigns. The markets are been left little choice now but to continue to sell off . Add to that the europeans defending the banks. you know what they say about if your explaining...
Recession is over ,crisis over, Europe and USA have no appetite for recession.people got a taste of socialism and they did not like it,there is a hunger for jobs jobs and jobs and capitalism will prevail and provide those jobs and in order for that to happen banks must do well .
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