In “Permazero”, Fed’s Bullard Admits US May Be Entering Permanent Period Of Lower Inflation And Interest Rates

Thursday, November 12, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
11/12/2015

The most important thing Bullard said in his speech titled “Permazero” is that the the US may be entering a permanent period of lower inflation and interest rates. Wait, wasn’t ZIRP and QE supposed to push the US economy, boost inflation and hike rates? Good to know 7 years later that the biggest monetary experiment in history did precisely the opposite of what it was supposed to achieve.

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