o***s
发帖数: 575 | 1 Q. So investors don't think Operation Twist will do much good. Do they have
any better ideas?
A. Kelly said the Fed should threaten to raise rates instead of promising to
keep short-term rates near zero until the middle of 2013. Why? It would be
an incentive to borrow and spend, he says. People looking to buy a house may
rush to lock in current record low mortgage rates before they start rising.
"Right now they have zero incentive," Kelly said.
Higher interest rates also drive down bond prices. So the threat of an
interest rate hike would likely "kick people out of Treasurys," he said, and
coerce them into the stocks or other investments.
"It's like a patient that's been in the sick bay too long," Kelly said. "The
Fed really needs to tell the economy to get out of bed and walk around.
Unfortunately, they keep giving it more and more doses of morphine." | l*********m
发帖数: 16971 | 2 这个在医学上有用，有意思
have
to
be
may
rising.
and
【在 o***s 的大作中提到】
: Q. So investors don't think Operation Twist will do much good. Do they have
: any better ideas?
: A. Kelly said the Fed should threaten to raise rates instead of promising to
: keep short-term rates near zero until the middle of 2013. Why? It would be
: an incentive to borrow and spend, he says. People looking to buy a house may
: rush to lock in current record low mortgage rates before they start rising.
: "Right now they have zero incentive," Kelly said.
: Higher interest rates also drive down bond prices. So the threat of an
: interest rate hike would likely "kick people out of Treasurys," he said, and
: coerce them into the stocks or other investments.
| w*******g
发帖数: 9932 | 3 only works for awhile
have
to
be
may
rising.
and
【在 o***s 的大作中提到】
: Q. So investors don't think Operation Twist will do much good. Do they have
: any better ideas?
: A. Kelly said the Fed should threaten to raise rates instead of promising to
: keep short-term rates near zero until the middle of 2013. Why? It would be
: an incentive to borrow and spend, he says. People looking to buy a house may
: rush to lock in current record low mortgage rates before they start rising.
: "Right now they have zero incentive," Kelly said.
: Higher interest rates also drive down bond prices. So the threat of an
: interest rate hike would likely "kick people out of Treasurys," he said, and
: coerce them into the stocks or other investments.
|
|
