The Fed consistently overcorrects the interest rate, never holding off on change long enough to properly gauge the previous adjustment's effect. This causes the market to zoom past the intended mark; requiring the fed to reverse it's direction again and again.

Interesting comment, I've felt the same way recently. But this is my first time watching this happen, and you say this happens "consistently". How many times have you seen this, what dates did the market "zoom past its intended marks"? What data backs this up, showing the market overlaid on (inverted?) interest rates? Or was this just a frustrated, emotional hipshot (which I definitely would not hold against you at this point, having dropped some 18% off my portfolio highs in the last month and a a half)

Conservative political programs can and just might
force inflation,recession with possible USA bank-
ruptcy.Happy house hunting.
The American dream might become a nightmare for the
few middle class and most of the poor.

The last time they did this was 1999/2000. Remember Greenspans "irrational exuburance" Thekept raisingthe rates every meeting until finally in march 02 the market started saying ENOUGH! It's bad enough that increased energy costs are giving consumers less disposable income, let's add to the problem by increasing rates so more money is diverted to pay interest, again leaving less disposabale income. Less spending equals lower profits, which leads to layoffs, then talk of recession. Oops, gotta lower rates to spur production/consumption to stop the slide. Oh no, employment and spending are up, inflation is coming raise the rates! This is insane. How can you measure the impact of a raise on the national economy in just a few weeks?

The game being played between the fed and the
analyst is eating up retirees savings.Too many
people talking when they dont know what they are
talking about.It should be a conflict of interest
for the fed chairman to be at a party with news
people. The fed should raise the rate in june by
a full point then tell the analyst they will now
rest, sit down and shut up

The fed.has goon to far with with interest rates i belive they do not know when to stop.how they get jobs like this is??????

Again the Fed is going to overshoot the mark on interest rates. When will they learn. It looks like 5.75 to 6% before they send us into a recession. The key meeting will be August. If they do not send a signal that they will pause in August [at the June meeting], it may be a long, hot summer with stockholders being burned. Once the downward spiral begins, it is difficult to reverse course as they have seen countless times.

Here we go again. August will be the key month. Raise rates in August to 5.75 or 6% and watch the bottom fall out of the market. Thank you Dr. Bernanke for upholding the Greenspan legacy of bringing on recessions.

This is typical Fed. policy. They believe that they can continue to raise rates until they choke off any last fears of inflation, if they over-do it they can always "back off a little" on the rate increases. Unfortunately, by the time they realize they have over tightened and react the other way we're already in an economic down turn with businesses reducing capital spending, cutting back on inventories & hiring. If the Fed. would only learn that it takes time for the economy to react to interest rate increases. They should also stop talking to reporters outside of the Fed Meeting context because they always seem to say the wrong thing usually just to hear themselves talk.