The fact that the Federal Reserve left interest rates unchanged, in the range of 5.25% – 5.5%, was of no concern to US stocks. On the other hand, he continues, the promise not to reduce them and to continue monetary tightening exerted downward pressure on bond yields, with the yield of the 2nd falling by …
Tag: economic cycle
FED: Vicious economic cycle with interest rate hikes leads to a crisis-crash like 1930s
The Fed’s “medicine” of lowering interest rates appears to be killing the sick American economy. The credit crunch due to unprecedented tight monetary policy has led to a surge in bankruptcy filings, portending a vicious recession and soaring unemployment. The flow of money supply (the dollars the Fed prints) fell again in October, remaining deep …
The “Therapeutic” Policies for the Economies of the Planet affected by the Covid-19 Pandemic
The global economic crisis caused by the Covid-19 pandemic is not simple to deal with, nor is it easy, because for the first time in peacetime both demand and supply are being affected at the same time in the affected economies». All economists worldwide are revising their estimates of the magnitude of the economic downturn …