Japanification, Exhibit #IveLostCount

By |2019-03-27T16:33:23-04:00March 27th, 2019|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

The September 2007 50 bps rate cut was not actually the Fed’s first panic move; and I mean panic both in the sense that the global system was about to do that, as well as how policymakers were feeling in always being behind the times. Almost a month before, a little over a week after [...]