Re: Race to Zero - The American Spectator | USA News and Politics
Re: Race to Zero
by

Phil, it’s interesting that the Fed would lower the target rate to a level the effective funds rate has not eclipsed since over two weeks ago. Since the 3rd of December, the effective overnight rates have been around or below .15%, and haven’t gone above .20%. 

So I take it that when the Fed says 0 – .25%, they really must mean 0. Otherwise, why even announce a cut? The rates aren’t just “exceptionally low,” they are or will be zero. In other words, money will be free.

Sign Up to receive Our Latest Updates! Register

Notice to Readers: The American Spectator and Spectator World are marks used by independent publishing companies that are not affiliated in any way. If you are looking for The Spectator World please click on the following link: https://spectatorworld.com/.

Be a Free Market Loving Patriot. Subscribe Today!

Stop the Inflation Grinch From Stealing Christmas!

That’s right, the Grinch (Joe Biden) is coming for your pocketbooks this Christmas season with record inflation. Just to recap, here is a list of items that have gone up during his reign. 

Gas: 40%+
Beef: 20%+
Used Cars: 20%+
Lodging: 17%
Eggs: 13%

What hasn’t increased? The cost to subscribe to The American Spectator! For a limited time, we are offering our popular yearly subscription for only $49.99. Lock in the lowest price of the year by subscribing today

The Grinch Stole Christmas Sale
Commander-in-chief of Christmas inflation