Increasing bets on lower Fed rates [WSJ]
- Justin Jungwoo Lee
- Oct 5, 2019
- 1 min read
US economy boasts of more than 120 months of growth, the longest expansion in the US history. Now, such record is being shored up by artificial boosts of Fed’s expansionary monetary policy.
It’s a good thing that we could have enjoyed such a long series of sunny days, however, faced with the staggering global economy battered by trade conflicts between the US and China, slowing German manufacturing, and the Brexit, the concern of global recession is gaining momentum more and more.
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