Why The Fed Responds To Economic Challenge By Futzing With Interest Rates
> The generic answer is simply “market forces”.
Except that actions like QE and QT (if the Fed ever really does the latter) are major market distortions. Interest rates have been artificially low since 2008/2009, and arguably since 2001.
> The generic answer is simply “market forces”.
Except that actions like QE and QT (if the Fed ever really does the latter) are major market distortions. Interest rates have been artificially low since 2008/2009, and arguably since 2001.