Record low rates are here to stay regardless who sits in the Oval Office. Will that keep markets pumping in the age of Covid-19?

//Record low rates are here to stay regardless who sits in the Oval Office. Will that keep markets pumping in the age of Covid-19?

Record low rates are here to stay regardless who sits in the Oval Office. Will that keep markets pumping in the age of Covid-19?

After American voters made their preferences known at the ballot box, the world’s focus returns to the role of the United States Federal Reserve’s monetary policy during the coronavirus pandemic. The latest part of our US election series looks at the impact. Read other stories in the series here.Periods of low interest rates traditionally represent a positive sign for financial markets as central bankers take a more dovish posture to try to jump-start economic growth.But with rates set to…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2020-11-07T03:25:15+00:00 November 7th, 2020|Business|Comments Off on Record low rates are here to stay regardless who sits in the Oval Office. Will that keep markets pumping in the age of Covid-19?