Interest Rates Need To Tell The Truth

By Richard M. Ebeling In the middle of July 2018, President Donald Trump said in an interview that he was “not happy” with the Federal Reserve nudging up interest rates and threatening economic growth in the United States. At the recent Jackson Hole, Wyoming, meeting of global central bank leaders, the Federal Reserve chair, Jerome…

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Fed raises interest rates and signals faster hikes on the way

Interest rates are going up again as the economy gets hotter. The Federal Reserve on Wednesday lifted its benchmark rate by a quarter of a percentage point, the second hike this year. ‘; var storytext = document.getElementById(‘storytext’); var heightToSkip = 0; function resetValues() { totalHeight = 0; targetChildElement = null; } // Check if story…

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