Did The Fed’s Monetary Policy Experiment Just Fail?

Zero Hedge: Did the Fed’s “monetary policy experiment” fail? The recent dislocation between consumer confidence and the financial markets may indicate just that. “U.S. consumer sentiment dropped sharply in early August to its lowest level in a decade, in a worrying sign for the economy as Americans gave faltering outlooks on everything from personal finances to inflation and employment,” – Reuters However, to understand why I am asking the question, we have to revisit whatBen

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