The Fed is Stuck On Interest Rates, Unable to Do Anything
by Mish Shedlock, The Street: As universally expected, the Fed left interest rate policy unchanged. Stuck in Glue The Fed is stuck in glue. It did not change interest rates. Nor did it change much of its announcement as the WSJ Fed Statement Tracker shows. No Dissents Sarcastic News of the Day The stress is palpable as […]