Fed Nominee Judy Shelton Says Global Economy in Very Dangerous Situation Situation Like 1930s… Acting IMF Chief Says It Is Fragile
Prospective Fed nominee Shelton says global economy in ‘very dangerous situation’ like 1930s Judy Shelton, who is President Donald Trump’s likely nominee to the Federal Reserve board, warned Thursday about the dangers of central bank actions. Rate cuts these days are being used simply to devalue currencies and hurt other countries as opposed to promoting … Read more