--- title: "Meaning & Key Takeaway of: The Fed wants to raise rates because…" description: "\"The Fed wants to raise rates because they've been yelling and screaming about it. They've been crying wolf for so long that their credibility is shot, ..." image: "https://sms4smile.com/quotes/i/f5b/gary-shilling-27568_credibility_the-fed-wants-to-raise-rates-because-the_2496887.jpg" --- # The Fed wants to raise rates because they've been yelling… ![“The Fed wants to raise rates because they've been yelling and screaming about it. They've been crying wolf for so long that their credibility is shot, and I think they feel they need to.” quote by Gary Shilling](https://sms4smile.com/quotes/i/f5b/gary-shilling-27568_credibility_the-fed-wants-to-raise-rates-because-the_2496887.jpg) [Download](https://sms4smile.com/quotes/i/f5b/gary-shilling-27568_credibility_the-fed-wants-to-raise-rates-because-the_2496887.jpg) [Open image](https://sms4smile.com/quotes/i/f5b/gary-shilling-27568_credibility_the-fed-wants-to-raise-rates-because-the_2496887.jpg) > “The Fed wants to raise rates because they've been yelling and screaming about it. They've been crying wolf for so long that their credibility is shot, and I think they feel they need to.” [Gary Shilling](https://sms4smile.com/quotes/author/gary-shilling/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. He claims the Fed’s credibility is damaged after repeatedly warning about inflation, leading to a forced rate hike. **In simple terms:** Fed credibility erodes with false alarms. Key Takeaway Demand transparent monetary policy. Themes economics inflation policy credibility Mood cautious critical Type financial analytical When to use this quote - Investor decisions - government budgeting - public communication Key Concepts Monetary policy central banking Questions to Reflect On - How does credibility affect market stability? - What alternatives exist to rate hikes? A Different Perspective Policy may be constrained by political pressures. ★ ★ ★ ★ ★ No ratings yet [Credibility](https://sms4smile.com/quotes/about/credibility/) [Cry](https://sms4smile.com/quotes/about/cry/) [Customer](https://sms4smile.com/quotes/about/customer/) [Feds](https://sms4smile.com/quotes/about/feds/) [Thinking](https://sms4smile.com/quotes/about/thinking/) [Yelling](https://sms4smile.com/quotes/about/yelling/) ## Related quotes > [I do go through a mini depression because one minute there are people yelling and screaming for me on stage and the next I'm…](https://sms4smile.com/quotes/carrot-top/i-do-go-through-a-mini-depression-because-one-minute-there-are-people/) [Carrot Top](https://sms4smile.com/quotes/author/carrot-top/) > [I had one family that used a lot of yelling and screaming, and that was very normal. Another side of my family, nobody would…](https://sms4smile.com/quotes/lily-king/i-had-one-family-that-used-a-lot-of-yelling-and-screaming-and-that/) [Lily King](https://sms4smile.com/quotes/author/lily-king/) > [Yelling and screaming won't really get what I want from my kids.](https://sms4smile.com/quotes/adina-porter/yelling-and-screaming-won-t-really-get-what-i-want-from-my-kids/) [Adina Porter](https://sms4smile.com/quotes/author/adina-porter/) > [ \[Hillary\] Clinton wants to raise taxes, raise wages and she wants to do things like put caps on drug prices. ](https://sms4smile.com/quotes/maria-bartiromo/hillary-clinton-wants-to-raise-taxes-raise-wages-and-she-wants-to-do/) [Maria Bartiromo](https://sms4smile.com/quotes/author/maria-bartiromo/) > [If Donald Trump wants to raise the minimum wage to $15, yes, I will work with Donald Trump.](https://sms4smile.com/quotes/tom-perez/if-donald-trump-wants-to-raise-the-minimum-wage-to-15-yes-i-will-work/) [Tom Perez](https://sms4smile.com/quotes/author/tom-perez/) > [President Obama wants to raise taxes on the country's richest people. And you thought Donald Trump hated him before.](https://sms4smile.com/quotes/jay-leno/president-obama-wants-to-raise-taxes-on-the-country-s-richest-people/) [Jay Leno](https://sms4smile.com/quotes/author/jay-leno/) > [When somebody shows up at your job and jeopardizes your job, yelling and screaming, that's financial abuse. It threatens your ability to take care…](https://sms4smile.com/quotes/kerry-washington/when-somebody-shows-up-at-your-job-and-jeopardizes-your-job-yelling/) [Kerry Washington](https://sms4smile.com/quotes/author/kerry-washington/) > [Fighting is spiritual. It appears to be physical from the layman's eyes. In my fights, I seemed to be angry and mad - all…](https://sms4smile.com/quotes/mike-tyson/fighting-is-spiritual-it-appears-to-be-physical-from-the-layman-s/) [Mike Tyson](https://sms4smile.com/quotes/author/mike-tyson/) > [I did one of the worst shows for that kind of thing in Northampton, Massachusetts, which is one of the most liberal spots on…](https://sms4smile.com/quotes/david-cross/i-did-one-of-the-worst-shows-for-that-kind-of-thing-in-northampton/) [David Cross](https://sms4smile.com/quotes/author/david-cross/) > [“Weakness doesn't mean your'e going to cry and crying is not a sign of weakness.”](https://sms4smile.com/quotes/carlos-wallace/weakness-doesn-t-mean-your-e-going-to-cry-and-crying-is-not-a-sign-of/) [Carlos Wallace](https://sms4smile.com/quotes/author/carlos-wallace/) > [Crying wolf is a real danger.](https://sms4smile.com/quotes/david-attenborough/crying-wolf-is-a-real-danger/) [David Attenborough](https://sms4smile.com/quotes/author/david-attenborough/) > [Like crying wolf, if you keep looking for sympathy as a justification for your actions, you will someday be left standing alone when you…](https://sms4smile.com/quotes/criss-jami/like-crying-wolf-if-you-keep-looking-for-sympathy-as-a-justification/) [Criss Jami](https://sms4smile.com/quotes/author/criss-jami/) > [Crying wolf may have been the boy's undoing, but the true irony was that the wolves were always lurking nearby.](https://sms4smile.com/quotes/wes-fesler/crying-wolf-may-have-been-the-boy-s-undoing-but-the-true-irony-was/) [Wes Fesler](https://sms4smile.com/quotes/author/wes-fesler/) > [Literature was not born the day when a boy crying "wolf, wolf" came running out of the Neanderthal valley with a big gray wolf…](https://sms4smile.com/quotes/vladimir-nabokov/literature-was-not-born-the-day-when-a-boy-crying-wolf-wolf-came/) [Vladimir Nabokov](https://sms4smile.com/quotes/author/vladimir-nabokov/) > [“If you look at it a bit more deeply, ‘crying wolf’ is a cry for help that’s not about a wolf.”](https://sms4smile.com/quotes/craig-d-lounsbrough/if-you-look-at-it-a-bit-more-deeply-crying-wolf-is-a-cry-for-help/) [Craig D. Lounsbrough](https://sms4smile.com/quotes/author/craig-d-lounsbrough/) ## More by Gary Shilling > [Despite the recent conviction of many that we're headed back to inflation, I think deflation remains the more likely prospect. You've just got too…](https://sms4smile.com/quotes/gary-shilling/despite-the-recent-conviction-of-many-that-we-re-headed-back-to/) [Gary Shilling](https://sms4smile.com/quotes/author/gary-shilling/) > [One of the things I think is very likely is that with the prospects of robust fiscal stimulus in response to voters mad as…](https://sms4smile.com/quotes/gary-shilling/one-of-the-things-i-think-is-very-likely-is-that-with-the-prospects/) [Gary Shilling](https://sms4smile.com/quotes/author/gary-shilling/) > [If someone loves you, they can fall out of love with you but they're probably going to keep fearing you. That's where we are…](https://sms4smile.com/quotes/gary-shilling/if-someone-loves-you-they-can-fall-out-of-love-with-you-but-they-re/) [Gary Shilling](https://sms4smile.com/quotes/author/gary-shilling/) > [ \[Niccolò\] Machiavelli said it's better to be feared than to be loved. ](https://sms4smile.com/quotes/gary-shilling/niccol-machiavelli-said-it-s-better-to-be-feared-than-to-be-loved/) [Gary Shilling](https://sms4smile.com/quotes/author/gary-shilling/) > [We're in a pretty tumultuous world, and there's a lot of uncertainty. Treasurys are where people go as one of the few safe havens…](https://sms4smile.com/quotes/gary-shilling/we-re-in-a-pretty-tumultuous-world-and-there-s-a-lot-of-uncertainty/) [Gary Shilling](https://sms4smile.com/quotes/author/gary-shilling/) > [Bloomberg TVThe one thing I think is likely to happen under either candidate is massive fiscal stimulus. You have so many voters in Western…](https://sms4smile.com/quotes/gary-shilling/bloomberg-tvthe-one-thing-i-think-is-likely-to-happen-under-either/) [Gary Shilling](https://sms4smile.com/quotes/author/gary-shilling/) > [We've seen that in the past that where you've had uncertainty, and even where the Fed is raising rates, Treasurys rise as everybody heads…](https://sms4smile.com/quotes/gary-shilling/we-ve-seen-that-in-the-past-that-where-you-ve-had-uncertainty-and/) [Gary Shilling](https://sms4smile.com/quotes/author/gary-shilling/) > [ A \[Donald\] Trump win might be bad for stocks, but it would be very positive for the dollar and Treasurys. ](https://sms4smile.com/quotes/gary-shilling/a-donald-trump-win-might-be-bad-for-stocks-but-it-would-be-very/) [Gary Shilling](https://sms4smile.com/quotes/author/gary-shilling/) > [OPEC production went from 30 million barrels a day to 33 million. They flooded the market, and it's lost them a lot of money.…](https://sms4smile.com/quotes/gary-shilling/opec-production-went-from-30-million-barrels-a-day-to-33-million-they/) [Gary Shilling](https://sms4smile.com/quotes/author/gary-shilling/) > [ \[Donald Trump\] is so unpredictable that foreigners are going to look around and say "boy, we've got to head for the safe havens." And… ](https://sms4smile.com/quotes/gary-shilling/donald-trump-is-so-unpredictable-that-foreigners-are-going-to-look/) [Gary Shilling](https://sms4smile.com/quotes/author/gary-shilling/) > [Treasurys, as low as yields are, are higher than they are in most other developed countries.](https://sms4smile.com/quotes/gary-shilling/treasurys-as-low-as-yields-are-are-higher-than-they-are-in-most-other/) [Gary Shilling](https://sms4smile.com/quotes/author/gary-shilling/) > [If you look back historically at the post-WWII period on average, if you get a 100-basis-point increase in Fed funds, the spillover to the…](https://sms4smile.com/quotes/gary-shilling/if-you-look-back-historically-at-the-post-wwii-period-on-average-if/) [Gary Shilling](https://sms4smile.com/quotes/author/gary-shilling/) > [ Let's say \[Donald\] Trump wins. Is Congress going to let him build a wall on the Mexican border? I don't think so. ](https://sms4smile.com/quotes/gary-shilling/let-s-say-donald-trump-wins-is-congress-going-to-let-him-build-a-wall/) [Gary Shilling](https://sms4smile.com/quotes/author/gary-shilling/) > [ If Hillary \[Clinton\] is elected, is she going to be able to jack up taxes with virtually no deductions, and include capital gains? Unless… ](https://sms4smile.com/quotes/gary-shilling/if-hillary-clinton-is-elected-is-she-going-to-be-able-to-jack-up/) [Gary Shilling](https://sms4smile.com/quotes/author/gary-shilling/) > [TPP is dead anyway, and similar deals in the eurozone are going nowhere.](https://sms4smile.com/quotes/gary-shilling/tpp-is-dead-anyway-and-similar-deals-in-the-eurozone-are-going-nowhere/) [Gary Shilling](https://sms4smile.com/quotes/author/gary-shilling/) [Explore all 20 Gary Shilling quotes ](https://sms4smile.com/quotes/author/gary-shilling/) ## More Credibility quotes > [The word of the Lord is this: "Just bless those that persecute you and ask for Justice, for the battle does not belong to…](https://sms4smile.com/quotes/julia-loren/the-word-of-the-lord-is-this-just-bless-those-that-persecute-you-and/) Julia Loren > [The documentary style is an incredibly flexible and useful one. It's a wonderful tool for establishing the credibility of the version of things that's…](https://sms4smile.com/quotes/frank-gohlke/the-documentary-style-is-an-incredibly-flexible-and-useful-one-it-s-a/) [Frank Gohlke](https://sms4smile.com/quotes/author/frank-gohlke/) > [PM Narendra Modi had promised to bring back black money, which he said could put Rs 15 lakh in each of our pockets. If…](https://sms4smile.com/quotes/prashant-bhushan/pm-narendra-modi-had-promised-to-bring-back-black-money-which-he-said/) [Prashant Bhushan](https://sms4smile.com/quotes/author/prashant-bhushan/) > [The short of it is, as an aspiring writer, there is nothing as damaging to your credibility as saying that you don't like to…](https://sms4smile.com/quotes/khaled-hosseini/the-short-of-it-is-as-an-aspiring-writer-there-is-nothing-as-damaging/) [Khaled Hosseini](https://sms4smile.com/quotes/author/khaled-hosseini/) > [When the script for 'The Wrestler' kept coming to me I said, This movie is so good if you put me in the film…](https://sms4smile.com/quotes/hulk-hogan/when-the-script-for-the-wrestler-kept-coming-to-me-i-said-this-movie/) [Hulk Hogan](https://sms4smile.com/quotes/author/hulk-hogan/) > [“Intellectually and compassionately explaining the reason freedom works is required for credibility.”](https://sms4smile.com/quotes/ron-paul/intellectually-and-compassionately-explaining-the-reason-freedom/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [ I can assure the conspiracy theorists who have very effectively savaged \[Gerald\] Posner in their books that they're going to have a much, much… ](https://sms4smile.com/quotes/vincent-bugliosi/i-can-assure-the-conspiracy-theorists-who-have-very-effectively/) [Vincent Bugliosi](https://sms4smile.com/quotes/author/vincent-bugliosi/) > [You may be right that people say: You know what, we had Obama. He was inexperienced. The guy had great rhetoric, sounded good, looked…](https://sms4smile.com/quotes/karl-rove/you-may-be-right-that-people-say-you-know-what-we-had-obama-he-was/) [Karl Rove](https://sms4smile.com/quotes/author/karl-rove/) > [Constantly there's a credibility issue; you're judged on how you look. If you look good, people assume you aren't credible. It's a battle you'll…](https://sms4smile.com/quotes/lisa-guerrero/constantly-there-s-a-credibility-issue-you-re-judged-on-how-you-look/) [Lisa Guerrero](https://sms4smile.com/quotes/author/lisa-guerrero/) > [Inconsistency on the part of pastors and the faithful between what they say and what they do, between word and manner of life, is…](https://sms4smile.com/quotes/pope-francis/inconsistency-on-the-part-of-pastors-and-the-faithful-between-what/) [Pope Francis](https://sms4smile.com/quotes/author/pope-francis/) > [Administrators are there because of the fans and the cricketers to run this game, so credibility of a game, or a board, or even…](https://sms4smile.com/quotes/rahul-dravid/administrators-are-there-because-of-the-fans-and-the-cricketers-to/) [Rahul Dravid](https://sms4smile.com/quotes/author/rahul-dravid/) > [I think in fact that unless there is an organic link between the subjective impressions of the author and his objective representation of reality,…](https://sms4smile.com/quotes/andrei-tarkovsky/i-think-in-fact-that-unless-there-is-an-organic-link-between-the/) [Andrei Tarkovsky](https://sms4smile.com/quotes/author/andrei-tarkovsky/) > [PROPHECY, n. The art and practice of selling one's credibility for future delivery.](https://sms4smile.com/quotes/ambrose-bierce/prophecy-n-the-art-and-practice-of-selling-one-s-credibility-for/) [Ambrose Bierce](https://sms4smile.com/quotes/author/ambrose-bierce/) > [Content that's generated out of America, whether it be film or music, has, in my opinion, much greater impact in sustaining our credibility and…](https://sms4smile.com/quotes/lyor-cohen/content-that-s-generated-out-of-america-whether-it-be-film-or-music/) [Lyor Cohen](https://sms4smile.com/quotes/author/lyor-cohen/) > [It's one thing to say, 'I don't like what you said to me and I find it rude and offensive,' but the moment you…](https://sms4smile.com/quotes/salman-rushdie/it-s-one-thing-to-say-i-don-t-like-what-you-said-to-me-and-i-find-it/) [Salman Rushdie](https://sms4smile.com/quotes/author/salman-rushdie/) [Browse all 571 Credibility quotes ](https://sms4smile.com/quotes/about/credibility/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "The Fed wants to raise rates because they've been yelling and screaming about it. They've been crying wolf for so long that their credibility is shot, and I think they feel they need to.", "creator": { "@type": "Person", "name": "Gary Shilling" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/gary-shilling/the-fed-wants-to-raise-rates-because-they-ve-been-yelling-and/", "about": { "@type": "Thing", "name": "Credibility" }, "@id": "https://sms4smile.com/quotes/gary-shilling/the-fed-wants-to-raise-rates-because-they-ve-been-yelling-and/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/f5b/gary-shilling-27568_credibility_the-fed-wants-to-raise-rates-because-the_2496887.jpg", "contentUrl": "https://sms4smile.com/quotes/i/f5b/gary-shilling-27568_credibility_the-fed-wants-to-raise-rates-because-the_2496887.jpg", "url": "https://sms4smile.com/quotes/i/f5b/gary-shilling-27568_credibility_the-fed-wants-to-raise-rates-because-the_2496887.jpg", "width": 1080, "height": 1080, "caption": "“The Fed wants to raise rates because they've been yelling and screaming about it. They've been crying wolf…” — Gary Shilling", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Gary Shilling", "item": "https://sms4smile.com/quotes/author/gary-shilling/" }, { "@type": "ListItem", "position": 4, "name": "The Fed wants to raise rates...", "item": "https://sms4smile.com/quotes/gary-shilling/the-fed-wants-to-raise-rates-because-they-ve-been-yelling-and/" } ], "@id": "https://sms4smile.com/quotes/gary-shilling/the-fed-wants-to-raise-rates-because-they-ve-been-yelling-and/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```