Morgan Stanley Strategy Chief: Why We Should Fear Easy Money!

The Federal Reserve appears poised to cut interest rates for the first time since the global financial crisis a decade ago. Adjusted for inflation, the Fed’s benchmark rate is now just half a percent and the cost of borrowing has rarely been closer to free, but the clamor for more easy money keeps growing.

 

 

 

 

 

 

 

https://www.nytimes.com/2019/07/29/opinion/fed-interest-rates.html

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