This comes after the central bank’s Monetary Policy Committee (MPC) voted for a 25BPS cut today, which translates to a 0. 25% cut in the repurchase rate (repo rate).
Global markets brace for volatility as Trump’s tariffs take effect Monday, though some say crypto concerns are overblown.
An applied Friedmanite, Volcker understood that excess growth of the money supply was the root cause of this near-hyperinflation. He knew that the Fed cannot solve all economic woes. It can, however, ...