Watch the video Top 10 Economic Predictions for 2010 and write a report to find out whether it came true or not. The report should be written in 300 words, APA style references.
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The historically low interest rates that defined monetary policy in the United States, European Union countries and Japan since 2000 remained low in 2010. Therefore, Behravesh’s (2009) prediction (#4) in the video is largely true. According to the United States Federal Reserve (2013), the federal funds interest rate, which was 0.16% in 2009, rose negligibly to 0.18% in 2010. Borrowing remained almost free in the United States through the height of the recession, although tightly regulated...
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