Fed’s “Symmetric” Inflation Targeting Is Code for Accelerating the Dollar’s Debasement

Race to the Bottom: What to Expect as the Fed Eases



With the Federal Reserve all but certain to cut interest rates multiple times in the months ahead, central bankers are engaged in a race to the bottom.

As negative interest rates expand in Japan and across Europe, as long-term bond yields in the U.S. plummet, and as President Donald Trump continues to talk tough on trade, the Fed has little choice but to cut.


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from Precious Metals News
Fed’s “Symmetric” Inflation Targeting Is Code for Accelerating the Dollar’s Debasement Fed’s “Symmetric” Inflation Targeting Is Code for Accelerating the Dollar’s Debasement Reviewed by Unknown on 08:09 Rating: 5

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