Op-ed: Central banks are doing enough for now to help manage the viral epidemic

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The Fed should now focus on a vigilant oversight of the banking system it supervises and regulates, Dr. Michael Ivanovitch writes.

The U.S. Federal Reserve and the monetary authorities in Europe, China and Japan maintain appropriately accommodative credit conditions.

falling half a percentage point in the last month, the markets have given themselves a huge investment return and much cheaper credit costs.

 

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LOL, conveniently printing more fiat currency and inflating the debt bubble...if the virus doesn't get you the loan dept will...

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Powell says Fed ‘closely monitoring’ coronavirusFederal Reserve Chairman Jerome Powell on Friday said the central bank was ‘closely monitoring the risk to the U.S. economy from the coronavirus epidemic. Join our telegram community for FREE - Signals - Analysis - Education - Trading Tools - News & much more Get instant access at forex forexsignals CTRL + P If the potus says coronavirus is a hoax then this is just a way for wall streeters to line their pockets. Drain the swamp!!!!!
Source: MarketWatch - 🏆 3. / 97 Read more »