My 2c with my cloudy crystal ball is the title is somewhat right. We were in an era of unprecendantally low interest rates. How we got there is one “crisis” after another requiring the fed to cut rates. However from a theoretic standpoint, they don’t want to cut too low unless they need to. If they do when the economy is chugging along and then it stalls, it leaves them with no tools to stimulate the economy (well limited-they got creative before). It is inns of bad planning to keep a low baseline rate. Dual mandate -keep inflation in check and maintain full employment.
Statistics: Posted by FIRWYW — Sun Apr 28, 2024 7:42 pm — Replies 5 — Views 333