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    • Why the Recession Still Isn’t Here

      Why the Recession Still Isn’t Here

      The Wall Street Journal· 6 days ago

      Typically...borrowing supports spending. High rates choke off that spending. This time, economic activity has been supported more by wealth and incomes...

    • Assessing The Fed’s Heavy Hand In Mortgages

      National Mortgage Professional· 3 days ago

      More than 15 years after the Federal Reserve began its policy of quantitative easing (QE), actively trading in mortgage-backed securities (MBS) to indirectly subsidize mortgage ...

    • ECB cuts interest rates across Europe

      China Daily· 7 days ago

      A statement issued by the governing council of the ECB on Thursday said: "Based on an updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary ...