The president of the united states announce that he/she will fight a high inflation rate with a new anti inflation program. Predict what happen to bond prices and interest rates if the public believes the president.
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Explanation:
The president of the United States announces in a press conference that he will fight the higher inflation rate with a new anti-inflation program. ... The president's announcement will lower expected inflation so that the expected return on goods decreases relative to bonds.
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Answer:
Describe the bond ratings used on corporate bonds by
1) Moody's
ii) Standard and Poor's
ii) Standard and Poor'siii) Fitch
☆ ANSWER :-
\boxed{ \tt(ii) \: standard \: and \: poors}
(ii)standardandpoors
☆ EXPLANATION :-
In 26 countries around the world and a history that dates back more than 150 years, S&P Global Ratings provides high-quality market intelligence in the form of credit ratings, research, and thought leadership.
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