While cutting rates to sustain economic growth might be effective for the short-term, it has very little to do with long-term economic growth.
Federal Reserve cuts interest rates for the third time in 2019, but suggested that could be the last for a while. However, it keeps a door open to further policy responses.
In his last speech, Mario Draghi gives lots of suggestions for the improvement of the stability of the eurozone and calls for a stronger commitment from governments to work towards a higher level of integration.
The economy keeps getting stimulated by monetary policy, through years of low interest rates everyone got high levels of debt. Keep the economy going became the main goal of central banks, even if this implies sacrificing national currencies.
Investing $50,000 in 10 companies that deliver great user experiences. here’s how the fund significantly overperformed the market and yielded 450.14% 10 years later.