What's the deal with the US Fed saying rates won't go up, and then today saying they might?

[xmontrealer]

So the stock markets were great last week in reaction to the US Fed not raising the interest rate and suggesting they were good for a while, and now today the Fed said interest rate hikes are likely to rise again.

Of course the stock markets dumped.

I wonder how many insiders are getting this flip-flop info up front and making a killing, while the average investor is getting hammered?

 

[Ceiling Cat]

That is how the Gov manipulates the markets. I suspect they might engineer a economic slow down/micro crash and then support the economy just before the federal election both in Canada and the USA. People are too confident because they believe the Gov will always be there to give them stimulus checks. Wait till after the elections, less support and no stimulus. We spent it all.

 

[chodge]

That is how the Gov manipulates the markets. I suspect they might engineer a economic slow down/micro crash and then support the economy just before the federal election both in Canada and the USA. People are too confident because they believe the Gov will always be there to give them stimulus checks. Wait till after the elections, less support and no stimulus. We spent it all.