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Do Fed-Induced Lower Interest Rates Promote Economic Growth?

Lower interest rates can help promote economic growth—as long as those rates are determined by the market and not by political edict. Full story here Are you the author?
Frank Shostak
Frank Shostak is an Associated Scholar of the Mises Institute. His consulting firm, Applied Austrian School Economics, provides in-depth assessments and reports of financial markets and global economies. He received his bachelor's degree from Hebrew University, master's degree from Witwatersrand University and PhD from Rands Afrikaanse University, and has taught at the University of Pretoria and the Graduate Business School at Witwatersrand University.
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