06/10/2020 - Yra Harris: “Hoist With His Own Petard”

“The U.S. central bank has been captured by its massive monetary stimulus in addition to its willingness of aiding and abetting the Mnuchin Treasury by purchasing of hundreds of billions of Treasuries. The FED has maintained that its dual mandate provides the theoretical and practical approach to keeping interest rates lower for longer. ..

How does the FED successfully navigate monetary policy in a world struggling to understand the economic implications from a collapse in global demand?”

LINK HERE to the Article

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