(19-03-2020, 08:00 AM)Behappyalways Wrote: [ -> ]Interest rates are rising, a bad sign as the economy slides toward recession
https://www.cnbc.com/2020/03/18/interest...ssion.html
This is a bit ironic cause a steeper yield curve is a more positive economic projection assuming inflation stable. If it is flat like Japan I think will be a harbinger of bigger problem. In any case the longer rates are still lower than a month ago.
Is that considered infinite QE ??? I am not an economist so just wondering with interest rates near 0 and infinite QE lanuched - does it mean all tools have been exhausted or more can be done ?
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The Federal Reserve just pledged asset purchases
with no limit to support markets (Mar 23 2020 7:59 AM EDT)
https://www.cnbc.com/2020/03/23/fed-anno...hases.html
There is always helicopter money, giving money directly to the people. We are seeing that now. I read that Obama did something similar in 2009 as well. The question would be, will this helicopter money be permanently or temporarily.