I believe that at this moment they should follow the example of Brazil (keep the interest rate stable for a long time) as this would be the best result for the long term.
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I believe that at this moment they should follow the example of Brazil (keep the interest rate stable for a long time) as this would be the best result for the long term.
The difference is that in Brazil there is no bank failure, so maybe they will choose to lower the interest rate soon
Yes the fact the US banks have liquidity issues is at the core of this. Long duration bonds have no market. The #fed needs to step it up.