FED decided few days ago that the interest rates will be between 0-0.25%. In fact, it means that USA have ZERO interest rates. Now USA are the second big nation with such low rates (the second one is Japan - Japanese have had almost zero interest rates for several years now).
Now FED has done everything [...]
Yesterday we had another episode of the “interest rates cutting” story. European Central Bank decreased the rates from 3.25 to 2.50, and Bank of England cut rates from 3.00 to 2.00. These are another radical cut rates in recent weeks.
The rates were cut also in Sweden and Denmark. Almost all countries in Europe struggle [...]