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Can Central Banks Ever Control Long-Term Rates?

By admin / January 9, 2020

QUESTION: Marty, you said that central banks can only control short-term rates not long-term. Do you see a scenario where they could control the long-term rates? Thank you for your insight DH ANSWER: If you ASSUME that there is a free market, then the answer is no possible way. Under a hybrid market, a central […]