Business
Is the Fed about to nationalise financial markets? – Sydney Morning Herald
If the world’s most powerful central bank emulates the Reserve Bank and introduces caps on bond yields, it will control both the volume and the price of money in the world’s largest economy.
Faced with a revolt by financial markets in 2018, when it briefly attempted to start unwinding the QE programs and normalising US interest rates, the Fed backed off. It cut rates again and halted its…
Continue Reading
-
General11 hours agoICAC investigating University of Wollongong as chancellor grilled at Inquiry
-
General20 hours agoTwo people arrested after man fatally shot at McLaren Flat
-
General18 hours agoWarner Bros Discovery board rejects rival $163bn bid from Paramount
-
General9 hours agoCoalition ‘flabbergasted’ by Labor’s response to calls for royal commission into antisemitism