"with no predetermined path"? You can see the data, and how other countries are trying. Rate cuts will continue to happen, even if you put your head in the sand!
of course you're right. but it's all part of the media spectacle of the central banks, which have no real power, just the camouflage they plant in people's heads via the mass media
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I guess it makes them look like they are ahead by doing nothing and looking like they are in control.
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23 sats \ 1 reply \ @TomK OP 19 Jul
they can keep up this game of manipulating the markets with the help of the media for quite some time. in the long run, however, the bond market is always the force par excellence
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It only works so long until things start crashing. Remember Germany? Their currency became so inflated that things became difficult for them. Took years to fix.
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