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The key question that needs to be raised by those expecting a dollar rebound later this year: Are traditional assumptions about the connection between growth and proactive interest rate cuts still valid if monetary policy fails?
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In that event, interest rate cuts from other central banks will have a bigger impact on growth than the present day "proactive" (read: impotent) Fed rate cuts.
No interest rate rises?
Falling inflation permits the government to put in place "proactive fiscal policy and appropriately accommodative monetary policy," said Ting Lu and T. J. Bond, economists at Merrill Lynch, in a research note, adding that they expected more interest rate cuts in the months ahead.
Interest rate volatility 23.
Interest rate caps.
Interest rate fears once again.
what interest rate?
An 18% interest rate?
Enter the interest rate.
Negotiate the interest rate.
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