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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label US Federal Reserve. Show all posts
Showing posts with label US Federal Reserve. Show all posts
Monday, September 23, 2024

BSP Reduces Banks' Reserve Requirement Ratio (RRR), Fed's 50-bps Rate Cut Sends Philippine Yield Curve into Full Inversion!

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  The short end of the UST curve is highly influenced by the Federal Reserve’s monetary policies while the long end clarifies those policies...
Sunday, September 22, 2024

US Federal Reserve Powell’s 50 bps Rate Cut: A Case of Panic or Politics?

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   "Theorie des Geldes"  did not become the playbook for policy makers. The 1920s were marked by the brave new era of the Federal ...
Sunday, December 03, 2023

Why the BSP will be Slashing its Policy Interest Rates Soon

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  Every inflation must eventually be ended by government or it must "self‑destruct"—but not until after it has done untold harm—He...
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