The Fed has cut interest rates by 0.5%. No doubt the Bank of England will do something similar sometime soon. And both are pushing on pieces of string. There is not a hope that cutting interest rates will, right now, do anything more than encourage markets to fly to safety since they are clear indications […]
source https://thebtrader.com/2020/03/03/half-a-percentage-point-off-interest-rates-has-never-yet-stopped-a-virus-and-it-wont-touch-this-one/?utm_source=rss&utm_medium=rss&utm_campaign=half-a-percentage-point-off-interest-rates-has-never-yet-stopped-a-virus-and-it-wont-touch-this-one
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