Higher commodity prices, however, are a cost borne by businesses and consumers and this has mitigated the economic stimulus provided by prior bouts of QE. Higher equity prices, alas, can’t offset pain at the petrol pump and the supermarket for … Continue reading (FT) Federal Reserve Injections can be hard habit to kick
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(FT) Federal Reserve Injections can be hard habit to kick
Higher commodity prices, however, are a cost borne by businesses and consumers and this has mitigated the economic stimulus provided by prior bouts of QE. Higher equity prices, alas, can’t offset pain at the petrol pump and the supermarket for … Continue reading (FT) Federal Reserve Injections can be hard habit to kick