In August, Money Morning Capital Wave Strategist Shah Gilani answered the question, "When will the Fed raise rates?"
On Aug. 24 -- "Black Monday" -the Dow Jones Industrial Average fell 1,089 points minutes after market open due to a stock market crash in China. The DJIA ultimately lost 586 points that day. Black Monday changed the Fed's outlook over a rate hike in 2015.
Watch the video to get Gilani's prediction on when the Fed will raise rates now...
In August, Money Morning Capital Wave Strategist Shah Gilani answered the question, "When will the Fed raise rates?"
On Aug. 24 -- "Black Monday" -the Dow Jones Industrial Average fell 1,089 points minutes after market open due to a stock market crash in China. The DJIA ultimately lost 586 points that day. Black Monday changed the Fed's outlook over a rate hike in 2015.
Watch the video to get Gilani's prediction on when the Fed will raise rates now...
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U.S. Federal Reserve policy has been around since the central bank was established on Dec. 23, 1913. Its supposed purpose is to ensure the stability of the financial system...
But have Fed policies helped the U.S. economy -- or have they harmed it?
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