Saturday, October 24, 2020

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

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

by Stefan Gleason, Money Metals:

How low will they go?

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.