Fed addicted to low rates- Societe Generale

FXStreet (Giuatemala) - Kit Juckes, Global Head of Currency Strategy at Societe Generale notes the attitude of the Fed to low rates.

Key Quotes

"The Fed is far more frightened of recovery slipping through its fingers than of the effects of addiction to low rates on behaviour. This, remember, is how we got rates to 1pct a decade ago and started the whole nonsense off."