The Part-Time Critics of Central Banks
The central bank critics today who were not critics of the great bailouts and stimulus have reserved their criticisms for what hurts their interests.
The central bank critics today who were not critics of the great bailouts and stimulus have reserved their criticisms for what hurts their interests.
It may be minor, but this week's rate hike should be just high enough so the Bank of Canada can cut them again when things start to get tough.
Today, Janet Yellen struck a dovish tone with Congress, saying that the Fed's target interest rate is not really that low after all.