This post was originally published on this site
https://i-invdn-com.akamaized.net/news/LYNXNPEC0D0AP_M.jpg
In the aftermath of the 2008 global financial crisis, the Fed and other world central banks slashed interest rates to historically low levels. They rolled out quantitative easing to pushed rates lower further out along the yield curve. The price tag was a rise in many commodity prices to multi-year or all-time highs by 2011 and 2012.
The central banks used the same tools in 2020 as the global pandemic threatened stability in the worldwide financial system. The only difference has been that in 2020, the amounts were far higher than in 2008.
