Marshall Auerback, Levy Institute/Economists for Peace and Security joins Thom. Economists all over the globe are waiting to see if Federal Reserve will boost rates of interest – potentially leaving a brand new economic crisis. So what will the Fed end up performing? And exactly what should that inform us concerning the fundamental condition associated with the economy?
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People should observe the Federal Reserve’s funds price, the price banking institutions spend to borrow from Federal Reserve financial institutions.
What’s happening with Japan’s interest rates? Read here: http://www.investopedia.com/articles/investing/012916/bank-japan-announces-negative-interest-rates.asp?utm_source=youtube&utm_medium=social&utm_campaign=youtube_desc_link
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