Summary: Here’s another in my series of economic myth-busting articles. It is a follow-up to Ignore The Bond Bears, The Fed Will Not Raise Rates, explaining that the Fed is not suppressing rates. Part of the magical, even divine, powers attributed to the Federal Reserve is their ability to set interest rates — both short- […]
Read Full Story from Fabius Maximus website https://fabiusmaximus.com/2016/10/22/federal-reserve-is-not-suppressing-rates/
This article by Editor of the Fabius Maximus website originally appeared on fabiusmaximus.com on October 22, 2016 at 12:00PM