Day: July 31, 2019

Fed cuts as expected, but markets still react

The expected cut from the Fed but, as NAB’s Gavin Friend explains on today’s Morning Call podcast, Jerome Powell was a little too hawkish for the markets.

Has Monetary Policy Had Its Day?

As the Federal Reserve gets set to cut interest rates, I ask Prof Steve Keen whether it’ll make any difference? In Japan interest rates are negative and it’s still not working. Does monetary policy actually work?

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