By SIMON CONSTABLE
The banking world is now awash with easy money as the Federal Reserve and other central banks try to revive global economic growth. Interest rates in some countries are below zero, and the Federal Reserve has been exceptionally cautious in raising the cost of borrowing inside the United States.
In short, its yet another year of economic doldrums.
Not surprisingly, that worries some people. One error from the U.S. central bank could cause serious problems for the financial system, says Stephen 'Sarge' Guilfoyle, managing director at Deep Value Execution Services NYSE. Read more here.
Photo by Will Creswick on Unsplash
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