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.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

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