Are Fed policies fueling bubbles? Some see GameStop as a red flag – The New York Times

Are Fed policies fueling bubbles? Some see GameStop as a red flag – The New York Times

Before fueling the rise of GameStop action, WallStreetBets, the Reddit bulletin board, had another claim to fame: It helped popularize a series of memes centered around Federal Reserve Chairman Jerome H. Powell. , and its central bank’s policy of keeping interest rates close to bottoming out while buying government bonds to support the economy. “The […]
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