With Fed Chair Jerome Powell averse to negative interest rates, the world's preeminent central bank will be forced into more QE...and run right smack into the Law of Diminishing Returns.
The Fed is 'pushing on a string'
The Fed is 'pushing on a string'
The Fed is 'pushing on a string'
With Fed Chair Jerome Powell averse to negative interest rates, the world's preeminent central bank will be forced into more QE...and run right smack into the Law of Diminishing Returns.