4 ms·
Home buyers and other debt owners sure. But otherwise they weren't intended to help workers as that isn't part of the Fed's mandate. It helps indirectly in that
by tootie 5y ago
Home buyers and other debt owners sure. But otherwise they weren't intended to help workers as that isn't part of the Fed's mandate. It helps indirectly in that it helps pave the way for the federal government to enact fiscal stimulus via debt.
- chii 5y agoit helps workers as the low interest rate boosts employment due to lowering the risk of investments (which creates jobs at some point in the financial chain).