Stocks Slide After Fed’s Evans Takes October Off Table, Fears China Growth Weakness

by Tyler Durden
ZeroHedge.com
10/09/2015

It appears bad news is bad news again. Fed’s Evans just played “bad cop” to any hopeful talking head (Fed’s Dudley earlier predicted US rate hike this year), implicitly taking October off the table…

*EVANS: POL SHLD BE SOMEWHAT MORE ACCOMMOD THAN SEP SUGGESTS
*EVANS: APPROPRIATE FOR FED RATES TO STILL BE SUB-1% AT END-2016
*EVANS SAYS SLOWER GROWTH IN CHINA AMONG RISKS TO U.S. INFLATION

The market’s reaction to this “way lower for longer” comment was negative.

The Rest…HERE

This entry was posted on Friday, October 9th, 2015 at 2:13 pm and is filed under China, Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.