Re:Bank of Canada increases overnight rate target to 1 per cent
by omarforgotpwd on Wednesday September 06, 2017 @01:56PM
(#15185686)
“Money’s going to stop being cheap”
Okay, but at the same time yields on US government debt just reached their lowest point since last November. Due to various factors (North Korea, natural disasters, etc) the Federal Reserve is now talking about raising interest rates slower than they had originally planned, which was already pretty slow. The era of cheap money has to end eventually obviously, but it doesn’t seem like things are going to change all that fast.
Okay, but at the same time yields on US government debt just reached their lowest point since last November. Due to various factors (North Korea, natural disasters, etc) the Federal Reserve is now talking about raising interest rates slower than they had originally planned, which was already pretty slow. The era of cheap money has to end eventually obviously, but it doesn’t seem like things are going to change all that fast.