For the first time in ten years the Federal Reserve dropped the key interest rate. Some people are suspicious because lowering this rate is generally associated with a stimulus strategy in an ailing economy. This episode looks at the potential reasons this was done including copying a strategy employed by Alan Greenspan to buoy the economy in the mid nineties, a strategy to slightly raise inflation, and a strategy to alleviate trade war pressures.
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For the first time in ten years the Federal Reserve dropped the key interest rate. Some people are suspicious because lowering this rate is generally associated with a stimulus strategy in an ailing economy. This episode looks at the potential reasons this was done including copying a strategy employed by Alan Greenspan to buoy the economy in the mid nineties, a strategy to slightly raise inflation, and a strategy to alleviate trade war pressures.
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