tag:blogger.com,1999:blog-2761684730989137546.post9173247443236164256..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: Bill Mitchell — US labour market improves and interest rates will rise as a consequencemike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-2761684730989137546.post-45824549633823571162017-03-13T16:00:30.530-04:002017-03-13T16:00:30.530-04:00Matt - Don't make book on that coin toss. Fed...Matt - Don't make book on that coin toss. Fed funds futures are pricing in a 95% probability that the Fed goes 25bp on Wednesday. <br />http://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.htmlThe Rombach Reporthttps://www.blogger.com/profile/09982864018333283368noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-64283284617955031102017-03-13T14:36:12.788-04:002017-03-13T14:36:12.788-04:00Yes... 50% chance.... imo....Yes... 50% chance.... imo....Matt Frankohttps://www.blogger.com/profile/11082502216984169113noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-29745077252507525922017-03-13T13:50:15.263-04:002017-03-13T13:50:15.263-04:00Matt - You're saying there is a 50/50 probabil...Matt - You're saying there is a 50/50 probability that the Fed will raise rates by 0.25% on Wednesday?The Rombach Reporthttps://www.blogger.com/profile/09982864018333283368noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-36889101125223965942017-03-13T13:00:38.205-04:002017-03-13T13:00:38.205-04:00well if they are going to try to defend monetarism...well if they are going to try to defend monetarism as a valid theory then they should raise...<br /><br />I say flip a coin whether they raise... ie 50/50...Matt Frankohttps://www.blogger.com/profile/11082502216984169113noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-15635821749633447622017-03-13T12:57:33.522-04:002017-03-13T12:57:33.522-04:00Maybe the Fed's Phillips Curve orthodoxy is tr...Maybe the Fed's Phillips Curve orthodoxy is trying to vindicate Karl Marx's argument that capitalism tries to keep a reserve army of the unemployed to keep wages low, and profit margins high.The Rombach Reporthttps://www.blogger.com/profile/09982864018333283368noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-75452300285271543282017-03-13T11:31:50.472-04:002017-03-13T11:31:50.472-04:00Maybe a Fed planted story from WaPo here giving th...Maybe a Fed planted story from WaPo here giving them an out:<br /><br />https://twitter.com/dpcrawf/status/841120824513957889Matt Frankohttps://www.blogger.com/profile/11082502216984169113noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-29645845023703343262017-03-13T09:46:55.291-04:002017-03-13T09:46:55.291-04:00When the labor market gets better (for workers) it...When the labor market gets better (for workers) it is time to tighten the screws to keep them down. Noah Wayhttps://www.blogger.com/profile/12012500819097539976noreply@blogger.com