17
posted by
anniemei
92 days ago
in USD, AUD, Daily
made popular 91 days ago
Riding to the rescue of this near-global near-free fall is, hopefully, a coordinated response by the world’s major central banks. No doubt led by the Fed, there is talk of at least 50 basis points being shaved off of key rates. It is doubtful we’ll witness much in the way of collective action problems since, firstly, the need to cut rates right now
