The Fed and low interest rate policy

Source: Cobden Centre
by Dr. Frank Shostak]

“It is a commonly accepted view these days that the central bank is a key factor in the determination of interest rates. On this way of thinking, the Fed determines the entire interest rate structure by influencing the short-term interest rates. … Is it valid to hold that the central bank is the key in the determination of interest rates?” (01/05/22)

http://www.cobdencentre.org/2022/01/the-fed-and-low-interest-rate-policy/