Fed to keep wallstreet permanently giddy with historical low rates forever

S

S2007S

Zero historical low rates forever as the fed will do anything and everything to keep wallstreet happy and giddy.

All while they believe inflation is tame.


  • That means the central bank will be more inclined to allow inflation to run higher than the standard 2% target before hiking interest rates.
  • In addition to the inflation change, the Fed shifted its approach to employment in a way that will focus on those at the lower end of the income spectrum.



https://www.cnbc.com/2020/08/27/pow...n-that-could-keep-rates-lower-for-longer.html
 
"1st liar don't have a chance".

History is rife with governments trying to get away with "printing money to obfuscate their overspending profligacy". Never has worked. Won't work this time either. Just a matter of "how deep the wound and how long does it take".

Best plan your life/finances accordingly.

FWIW...

:(
 
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My have we come a long way in 4 years from this headline.

Funny how low rates are A fuxking OK!!!!!!

September 12th 2016


Trump says Fed keeping rates low because of pressure from Obama

WASHINGTON (Reuters) - Republican presidential candidate Donald Trump said on Monday that U.S. Federal Reserve Chair Janet Yellen was keeping interest rates low because of political pressure from the Obama administration, questioning the motives of an institution whose work hinges on maintaining its independence.





https://www.reuters.com/article/us-usa-election-trump-rates-idUSKCN11I19H
 
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