After last nights historic cut from the Bank of England to the lowest interest rates on record we have now had 666 central bank interest rate cuts globally since the Lehman Brothers bancruptcy in 2008. Fighting Central Banks is like fighting a fire with petrol. The only person I can recall ever taking one on and winning is George Soros and that was a generation ago before the advent of QE. Interest rates are low for longer. The RBA will cut again in H1 2017.
View on the Fed? Can they raise rates or are they stuck where they are?