The Fed Has Hit the ‘Pause’ Button

The Fed Has Hit the 'Pause' Button
// Silver For The People

wallstreetexaminer.com / by James Rickards via The Daily Reckoning / 

"Last week the Fed raised the white flag on further rate hikes. There won't be any for the foreseeable future.

No rate hikes are coming at the July, September or November Fed FOMC meetings. The earliest rate hike might be at the December 13, 2017 FOMC meeting, but even that has a less than 50% probability as of today. I'll update those probabilities using my proprietary models in the weeks and months ahead.

The white flag of surrender came in two public comments by two of the ...

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