Bernanke’s speech back in 2002 can help shed some light on the question of how asset prices have been taken under consideration in the past by the Fed. It also helps explain how these prices will affect monetary policy in the future.
Bernanke’s speech back in 2002 can help shed some light on the question of how asset prices have been taken under consideration in the past by the Fed. It also helps explain how these prices will affect monetary policy in the future.
As the recession hit; the jobless rates soared to 10% and more, banks at the brink of failing, stock exchange plummeted, and economy was left paralyzed. All this happened in United States, which sparked a global recession, bringing down Europe and Asia along with it. This global recession was worst on developing nations, as they […]