No way they can raise rates. They are precariously holding all together globally. Look for what is to happen on march 29th with Basel 3 accord — gold = Money ....lots of speculation.
No way they can raise rates. They are precariously holding all together globally. Look for what is to happen on march 29th with Basel 3 accord — gold = Money ....lots of speculation.
thank you floridanow, yes the market is already down now, raising rates would cause a panic in the market, but not raising rates would be bad for the dollar, so doing nothing is the only option left, we have been told about dates for the big one many times, but still 29 march would be interesting