Federal Reserve and Bank of Japan
One Problem with the Fed Letting Its Interest Rate Crest at 2.5%
March 26, 2019
Share prices are rallying today in part on hopes that the Federal Reserve has reacted quickly to a deterioration in the outlook for global and U.S. growth. By doing so, maybe the inversion of the U.S. yield curve that recently occurred will be the exception that doesn’t herald a U.S. recession within 18 months. I […] More
