The Federal Reserve is set to raise interest rates. Although certainly an outlier in the global game of central banking (i.e. most central banks are lowering rates right now), the American central bank isn’t alone to be considering raising rates relatively soon. The Bank of England also has it on their agenda. To some economists, the fact that the U.S. and British central banks are considering rate increases is odd. The economies in both are reasonably strong, but employment, wages, and other Main Street economic indicators are not in overheating territory. Additionally, inflation in both countries is basically 0. The…
Well, Perhaps Central Banks Do Intentionally Manipulate Stock Prices. They Certainly Think They Know More than the Market Right Now.
Harrison Roger
Roger is an economic adviser and active angel investor. He owns various economics firms. His work allows him a diverse group of clients across the globe, including the United States, Europe, and Asia. He holds a Ph.D. in business economics.
Comments are closed.