David Folkerts-Landau

Since the Federal Reserve lowered interest rates to 0 percent on December 19, 2008, the SPDR S&P 500 ETF Trust (NYSE: SPY) is up 120 percent. Deutsche Bank's Head of Research David Folkerts-Landau said in a note on Tuesday that the time for 0 percent interest rates is over....

• U.S. monetary policy is currently much looser than it should be based on the Taylor Rule. • There are several key abnormalities in the current economic cycle. • Deutsche Bank’s chief economist believes that the U.S. economy is strong enough to digest a 0.25 percent ...