Here's the list I have so far of global institutions whining about a potential Fed rate hike
1. The International Monetary Fund
- IMF says Fed can afford to wait before raising rates
2. The World bank
- Fed risks "panic and turmoil" if it hikes - World Bank chief economist
3. The Bank for International Settlements
- BIS fears the financial system is "acutely vulnerable" to US monetary tightening
Bunch of bloviating, arse-covering, overpaid bureaucrats, the lot of 'em. World can't handle a quarter of one point (if that!) rate shade higher in the US ... after what (feels like) a decade at zero. Srsly?
Stick it to 'em, Janet.