Fed fearful of moving rates too early – 7IM

Chris Justham, Relationship Manager at 7IM talks about low interest rates, central banks on today’s finance show. He is joined by Tip TV’s Zak Mir and Charlie Gibson, Head of Mining at Edison Research.

Justham believes the Fed is fearful of moving to early in a sense that other central banks are stuck at record low interest rates.

He also explains the situation the Fed faces if we have a recession in the near future. Moreover, in case of the recession Fed rates could drop way below the negative territory. Justham also explains benefits of low rates/yields.