"We are sitting very, very little inflation with the Federal Reserve putting a target at 2% not that long ago... Since money doesn't cost anything, you can print lots of money and have full employment and no inflation… I wouldn't think you can have these things at these levels – long-term rates, interest rates, budget deficits -- have that at a stable situation for a long period of time," Buffett added.
Despite raising the federal funds rate nine times in three years, the Fed is still keeping borrowing costs relatively low in a target between 2.25% and 2.5, and the central bank has signaled a pause in hiking interest rates this year. Stocks have risen to record highs recently in the low-rate environment.
I think he buys Fannie and Freddie.
That is a huge “if”!
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: CNBC - 🏆 12. / 72 Lire la suite »