Stock Market Falls Dramatically As Fed “Backing Away From Easy-Money Policies”

by Mac Slavo

Friday’s huge drop in the stock market is being attributed to market worries that the timeline for QE-free money is rapidly coming to an end, and that a rate hike could bring the economy screeching to a halt.

But while the Fed may consider raising rates, it is much more likely that they will put off a rate hike once again.

Why? The timing.

via the WSJ:

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