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chinese banks about to collapse?
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idea1947
Posted 2/13/2016 08:22 (#5108166 - in reply to #5107803)
Subject: RE: chinese banks about to collapse?


Well, I suppose predicting interest rates is kind of like predicting the weather, but the news I read is that Yellen, and the Fed, are on a course to tighten, that is raise, interest rates.

I might add, monetary policy is not about interest rates.  It's about the  pursuit of full employment and stable prices.



Edited by idea1947 2/13/2016 08:44
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