Grant thinks the most recent Fed announcement is very big. He touches on:
- The Fed announcing interest rates will be near zero until 2015, which will be seven years with such low rates.
- The Fed announcing that its money printing policy is now “open-ended.”
- The Fed basically taking on the responsibility of controlling the level of employment.
- The Fed announcing interest rates will be near zero until 2015, which will be seven years with such low rates.
- The Fed announcing that its money printing policy is now “open-ended.”
- The Fed basically taking on the responsibility of controlling the level of employment.
