Sources
karbon 🐺🦊
Fed after 2 years of high rates: "We don't want to wait too long until something breaks" *everything breaks*
Genevieve Roch-Decter, CFA The FED wanted to keep rates high until something broke. https://t.co/6cfrieESL4
Thomas Hon Wing Polin Whatever else they might be, the Fed’s persistently high interest rates are also part of a financial war against China. High rates prop up the dollar, which puts pressure on the CNY and prevents China from lowering its own rates further to stimulate its economy. Never mind that… https://t.co/YSRkVHmAk0
