Why the Fed’s Zero Interest Rate Policy May Be Dangerous
Fed Chairman Ben Bernanke has pledged to keep interest rates near zero to stimulate the economy but is this policy doing more harm them good? Such low rates push banks to take more chances to get better returns and encourage investors to move money into into inherently riskier assets.
Continue reading Why the Fed’s Zero Interest Rate Policy May Be Dangerous
Why the Fed’s Zero Interest Rate Policy May Be Dangerous originally appeared on DailyFinance on Sat, 06 Mar 2010 09:00:00.
Filed Under: Economy
The original article and other great content can be found at this URL: http://www.dailyfinance.com/story/why-the-feds-zero-interest-rate-policy-may-be-dangerous/19382480/
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