Why the Fed is stuck between a rock and a hard place

The world has seen a "paradigm shift" where nothing is the same as before, and the Fed has difficult choices to make, says Will Rhind, CEO of GraniteShares.
"On the one hand you could make the case for, which obviously the president would make, that yes, interest rates are too high and it’s now against the backdrop of almost zero if not zero or negative rates in other countries and the U.S. is at a competitive disadvantage. On the other hand, you could say that even now with the rates coming down, the rates are still very, very low by historical standards and it’s still a nightmare for savers and for anybody that’s looking for income in the market," Rhind told Kitco News. (show less)

The world has seen a "paradigm shift" where nothing is the same as before, and the Fed has difficult choices to make, says Will Rhind, CEO of GraniteShares.
"On the one hand you could make the case for, which obviously the president would make, that yes, interest rates are too high and it’s now against the backdrop of almost zero if not zero or negative rates in other countries and the U.S. is at a competitive disadvantage. On the other hand, you could say that ... (read more)

Kitco NEWS

Kitco NEWS
The Kitco News team speaks to analysts and experts on the frontlines of the market to get the most up-to-date news on the economy. The show offers a well-rounded, timely view on big market moves and any major headlines that may affect financial assets. Coined – no pun intended – as the number one source of precious metals news, Kitco News is the leading provider of up-to-date price action in the precious metals space.

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