Shrinking Influence of Central Banks Ends Decades of Business as Usual

The Federal Reserve and other central banks have long been the unchallenged drivers of financial markets and the business cycle. “Don’t fight the Fed,” goes one Wall Street adage.

That era is drawing to a close. In many countries, interest rates are so low, even negative, that central banks can’t lower them further. Tepid economic growth and low inflation mean they can’t raise rates, either.

Like, how?

Disclaimer time... I would do the same based on how things are going.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

This was the best strategy for picking stocks the last 10 yearsStocks with high dividend yields were the best performers last decade, according to Bank of America. buy the rumor, sell the news? 🤔
Source: CNBC - 🏆 12. / 72 Read more »

Taiwan denies using swaps to intervene in currency marketTaiwan's central bank has never used swaps to intervene in the currency mar... Clemson NationalChampionship WordPress Fiverr FiverrSeller Building modern business platform. Let's check it: || || ---------------------------------------------------------
Source: Reuters - 🏆 2. / 97 Read more »