Did the Federal Reserve whiff on raising rates?

first_imgAs the Major League Baseball season gets under way, the Federal Reserve has struck out twice with its last two rate moves, according to one economist who suggests if financial institutions raise their deposit rates the central bank will likely hold off on any further rate increases over next two years.Michael Moebs, economist and CEO at Moebs $ervices, contends the last two rate hikes were a mistake for the health of the economy, and believes at this point Fed rate reductions would be helpful. But Moebs also is predicting rates will hold fairly steady over the coming 12-24 months, and may even inch up.“If President Trump keeps putting pressure on Fed Chair (Jay) Powell there could be one or two decreases in 2019. It is obvious from the Moebs Interest Rate Study the Fed increased rates two times too much in 2018,” said Moebs. “Yet, if the Fed decreases rates it would be signaling it made a mistake. I do not think the Fed will admit it made a mistake.” ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more

Napoli keeping tabs on another Super Eagles star

first_imgRead Also: Solskjaer takes blame for team selection in Chelsea defeatThe 23-year-old has also been linked with a return to England, with West Ham United and Everton said to be interested in his services.Aina has featured in 29 Serie A games for Torino this season and has two assists to his name.FacebookTwitterWhatsAppEmail分享 Serie A campaigners Napoli are considering a move for Super Eagles and Torino defence ace Ola Aina in the forthcoming summer transfer window.Advertisement The Partenopei are particularly impressed with Aina’s versatility as he can play either as a right or left wing-back.Interestingly, Aina completed a switch from Chelsea to Torino on a permanent deal last summer, impressing while on loan with the club during the 2018-2019 campaign. Loading… center_img According to Corriere dello Sport , Napoli are keen to boost their squad with new additions to their squad ahead of next season, with Aina listed as one of the players under consideration. Promoted ContentPlaying Games For Hours Can Do This To Your Body12 Actors Who Always Play Bad Characters10 Hyper-Realistic 3D Street Art By OdeithBest & Worst Celebrity Endorsed Games Ever MadeThe Very Last Bitcoin Will Be Mined Around 2140. Read MoreCouples Who Celebrated Their Union In A Unique, Unforgettable Way7 Universities In The World Where Education Costs Too MuchThailand’s 10 Most Iconic LandmarksWhich Country Is The Most Romantic In The World?5 Of The World’s Most Unique Theme Parks5 Of The World’s Most Unique Theme Parks11 Most Immersive Game To Play On Your Table Toplast_img read more