Loading ...Those interest rate rises are sure the conundrum. The current regime kills banks, savers and pensioners … if they keep raising it kills the housing market and the interest on the national debt becomes unpayable. They should never have put rates so low!
My solution for us serfs … g+s and hide in a hole somewhere.
PS If Yellen doesn’t do what Trump wants she’ll be replaced … which may happen anyway. I think the Fed will bow to Donald’s will, at least to some extent. We’ll see …
Cheers