Some in the fed and other economist-observers fear cutting rates now leaves them little room in the future if there is a downturn. And some think there are signs of slowing growth. So they are betting on rates going closer to zero in the medium term.
Out-of-touch Shemp was giddy in yesterday’s program, saying that the Fed did things their way and that they didn’t bow to pressure from Trump. And how, here are the markets telling the Fed/Power and Shemp that, they’re all wrong.
Shepard needs to be sent to where he would be more at home, and that ain’t in the U.S.
Keeping Treasuries yields low is important.
Got a lot of Obama’s loans to pay off.
Some basic economic cycle ed needed on FR: https://youtu.be/PHe0bXAIuk0