Stanley Fischer, the Vice Chairman of the Federal Reserve warned of the danger of having low interest rates on Monday, saying they can lead to longer, deeper recessions and can make the economy more vulnerable. He said they can be dangerous to financial stability, though there is no evidence of that as of now. He also said the central bank has limited power when it comes to fighting recessions because they do not control all of the factors leading to it. This contrasted with Janet Yellen's remark on friday saying that the Fed may want to run a "high pressure economy" that has low interest rates. Fischer noted that technology and demographics (an aging population) are contributing to the low rates, as well as weak foreign growth and weak investment.
Source: http://www.cnbc.com/2016/10/17/feds-fischer-warns-of-the-dangers-of-low-rates.html
I like your summary a lot. What I would like to see is more of an analysis of your thoughts and then support what you say with either observations or facts.
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