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Fed Chairman Jerome Powell's statement on Jan. 26, following the latest meeting of the Federal Reserve System's Open Market Committee, signals very low interest rates and vast easy money injected in the economy are ending. That crisis was a result of extreme speculation in mortgage-backed securities in the U.S., and quickly became global.
Money is a universally accepted means of exchange, but tangible value results from the work of vast diverse arrays of people.
“I think there’s quite a bit of room to raise interest rates without threatening the labor market.”
With the Federal Reserve signalling multiple interest rate rises, writes Russel Chesler, what does this mean for value investing?
In recent years, the international financial media have given a lot of prominence to the debate across the investment community regarding the preferred style of