Exactly.
Lower short term rates CAN induce monetary growth. But itβs not a direct correlation.
QE (printing/expansion of feds balance sheet) has a more direct impact. (Again, oversimplified)
No need to parse it more than that ππ»π
Exactly.
Lower short term rates CAN induce monetary growth. But itβs not a direct correlation.
QE (printing/expansion of feds balance sheet) has a more direct impact. (Again, oversimplified)
No need to parse it more than that ππ»π
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