Bernanke: Rate Hikes On Hold Until 2013 Or I Retire, Whichever Comes First

This is a new one.  The Fed has decided to telegraph the fact that rates aren’t going up for like two years.

To promote the ongoing economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate, the Committee decided today to keep the target range for the federal funds rate at 0 to 1/4 percent.  The Committee currently anticipates that economic conditions–including low rates of resource utilization and a subdued outlook for inflation over the medium run–are likely to warrant exceptionally low levels for the federal funds rate at least through mid-2013.

In other words, “Free money as far as the eye can see so for gods sake please hire someone!  One person!  Can you guys just hire one human being before I rip my own beard out?  Please!?!?!”

Okay, so they didn’t exactly phrase it like that.

More double-speak fatalism at the link below:

http://www.federalreserve.gov/newsevents/press/monetary/20110809a.htm

 

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. Blue Coaster33 commented on Apr 27

    The Absent Game

    Among me and my husband we have owned more MP3 players over the years than I can count, including Sansas, iRivers, iPods (traditional & touch), the Ibiza Rhapsody, etc. But, the last few several years I’ve settled down to one line of players.

  2. watch tv show episodes commented on Apr 28

    The Silent Shard

    This will in all probability be very useful for some of one’s work I intend to don’t only with my web site but

  3. Eat Verts commented on Sep 22

    … [Trackback]

    […] Read More here to that Topic: thereformedbroker.com/2011/08/09/bernanke-rate-hikes-on-hold-until-2013-or-i-retire-whichever-comes-first/ […]

  4. pinewswire commented on Sep 23

    … [Trackback]

    […] There you can find 19126 additional Information to that Topic: thereformedbroker.com/2011/08/09/bernanke-rate-hikes-on-hold-until-2013-or-i-retire-whichever-comes-first/ […]

  5. 안전공원 commented on Sep 25

    … [Trackback]

    […] Find More here on that Topic: thereformedbroker.com/2011/08/09/bernanke-rate-hikes-on-hold-until-2013-or-i-retire-whichever-comes-first/ […]

  6. immediate edge review commented on Sep 28

    … [Trackback]

    […] Find More to that Topic: thereformedbroker.com/2011/08/09/bernanke-rate-hikes-on-hold-until-2013-or-i-retire-whichever-comes-first/ […]

  7. sports betting nigeria commented on Nov 19

    … [Trackback]

    […] Find More on to that Topic: thereformedbroker.com/2011/08/09/bernanke-rate-hikes-on-hold-until-2013-or-i-retire-whichever-comes-first/ […]

  8. top casino malaysia commented on Nov 21

    … [Trackback]

    […] Find More Info here on that Topic: thereformedbroker.com/2011/08/09/bernanke-rate-hikes-on-hold-until-2013-or-i-retire-whichever-comes-first/ […]

  9. jasa pembuatan logo commented on Nov 27

    … [Trackback]

    […] Find More on to that Topic: thereformedbroker.com/2011/08/09/bernanke-rate-hikes-on-hold-until-2013-or-i-retire-whichever-comes-first/ […]

  10. Samsung SMT-S7800 manuals commented on Jan 22

    … [Trackback]

    […] There you will find 25784 more Information on that Topic: thereformedbroker.com/2011/08/09/bernanke-rate-hikes-on-hold-until-2013-or-i-retire-whichever-comes-first/ […]

  11. fake watches commented on Jan 28

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2011/08/09/bernanke-rate-hikes-on-hold-until-2013-or-i-retire-whichever-comes-first/ […]