By continuing to inflict significant losses on the banks’ balance sheets through higher interest rates, the Fed seems to be inviting a full-blown financial crisis before the middle of next year.
Fed May Be Closer to Bailing Out the US Economy, Stock Market Than It Lets On investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.