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by futuraperdita 197 days ago
I'm thinking the same thing. AFAICT this is still going to increase M0 and long-term inflation risk. I don't see how this rate cut is likely to change and/or stimulate the economy with the conditions we have today, just to add to the risk of stagflation.
1 comments

This article is referring to something separate from the rate cut, not sure if you're aware.