What Is The Yield Curve? Why Is It Important? 7

The shape of the yield curve gives us important indications of what the future holds for the economy

The way to see that central bank policy is doomed to be ineffective is to understand how modern monetary policy really functions.

Today’s central banks rely almost exclusively on bank reserves as a policy lever. This means that their moves to increase or decrease interest rates, or to pump “money” into the economy, are all based on bank reserves.

Read Article

the pensive nugget blue background logo

Get a different perspective on all things trading & investing every week!