The Federal Reserve Announced Lower Interest Rates
On Wednesday, the Federal Reserve announced that they would maintain short-term interest rates at their present level. This is the third consecutive month in which they have decided to leave interest rate for overnight borrowing between banks as-is. This was interpreted my many observers that the Fed believes that it is winning the struggle against inflation. They will leave interest rates unchanged in a range between 5.25% to 5.5%. This is the highest level in 22 years.
The evolution of world governments and the efforts to drift towards a unified global system is a topic of much debate and concern. The implications of such a shift, especially on the economic front, are profound. This site aims to present the Global Macro Digest's ® perspective on the matter.
The world of investing is constantly changing. World governments are attempting to move toward a new world order of big globalist government and higher taxes. This is leading to profound changes in the organization of social systems and global political power. Higher taxes lead to economic stagnation and greater poverty. It also leads to great volatility in the financial markets.
Investors need to adapt to these developments The Global Macro Digest ® is dedicated to delivering valuable insights into the markets to allow investors to achieve a better understanding of the global investing environment and to make better informed investment decisions.
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