[zeestephen]

Re: Interest rates should be determined by the market.

I agree.

Re: Should interest rates be manipulated higher than what the market would charge, they will slow down economic growth.

I agree.

But - if they are manipulated lower than their market value, they will cause inflation.

The Federal Funds Rate has averaged about 2.2% for the last 12 months.

The inflation rate for the last 12 months was 1.7%.

The July inflation rate showed we are moving toward a 2.1% rate.

[Moonman62]

The July inflation rate showed we are moving toward a 2.1% rate.

...

That could be because of the damage that the Federal Reserve is doing to productivity.

How did Venezuela get so much inflation?