Central Banks Have Not Yet Won The Fight on Inflation
The Loonie Hour
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The Loony Hour - Is the Interest Income Channel of Monetary Policy Increasing?
The interest that's being generated now on, let's say, savings is actually adding to stimulus to the economy. The US and bank lending continues to tick along. And so not only is people getting paid 5% to hold those accounts, but also higher rates are going to offset some of this negativity we may see.
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