Will Janet Yellen the Federal Reserve Chairman raise rates in June? What do you think?
There are serious impediments for raising rates in June?
- Brexit (United Kingdom leaving the EU)
- Revenue and Profits down from the peak in 2015
- Stock market down from 2015 highs?
- 0.8% GDP in Q1 of 2016
Factors that make for raising rates
- Strong job market
- Strong housing market
What do you think?
Personally I believe we will get to 0.75% to 1.00% by next year in the United States. Federal Reserve Chairwoman Yellen should have raised years ago.