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Smart Reasoning:

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Qaagi - Book of Why

Causes

Effects

the marketto setinterest rates instead of the Federal Reserve system

economic strength in the USmight causethe Federal Reserve to raise interest rates on US Treasuries

a month of market turmoil around the worldledthe Federal Reserve to delay raising interest rates

a raft of datacould influencethe case for the Federal Reserve to raise interest rates

growthmay causethe Federal Reserve Board to raise interest rates

futures ... a raft of datacould influencethe case for the Federal Reserve to raise interest rates

concernspromptedthe Federal Reserve to start cutting interest rates

showingcould promptthe Federal Reserve Board to raise interest rates

while at the same time bond yields are also risingcausingfear of the Federal Reserve raising interest rates

US inflationcausingthe Federal Reserve to raise interest rates increases

however the strength of Trump as president ... the U.S economywill leadto the U.S federal reserve raising interest rates

those pressureswould promptthe federal reserve to nudge interest rates higher

to have a negative impact on the Chinese economy(passive) is also setThe United States Federal Reserve raising interest rates

the gridlock and lack of fiscal stimulushave resultedin the Federal Reserve keeping interest rates low

If inflation ends upcausingthe Federal Reserve Bank to raise interest rates

Investors expect the data to be strongmay leadto move the Federal Reserve interest rates

that the economy is weakcould causea drop in the Federal Reserve interest rates

the U.S economywill leadto the U.S federal reserve raising interest rates

Global investors ... US political developments and economic datacould influencea Federal Reserve interest - rate increase

strongmay leadto move the Federal Reserve interest rates

US political developments and economic datacould influencea Federal Reserve interest - rate increase

a sufficient slowdown in the economywill causethe Federal Reserve to stop raising interest rates

Investors expect the data to be strong ... hike forecasts at an earlier datemay leadto move the Federal Reserve interest rates

an early glimpse ... in turninfluencesinterest rate decisions from the Federal Reserve

The economic recession that hit the U.S. so hardhas promptedthe Federal Reserve Board to lower interest rates

inflation ratesmay ... resultin the Federal Reserve holding off on raising interest rates

Inflation has been rising this yearpromptingthe Federal Reserve to raise interest rates

signs of a slowing U.S. economywill promptthe Federal Reserve to cut interest rates

that signs of a slowing U.S. economywill promptthe Federal Reserve to cut interest rates

U.S. growth and inflation ... fast enoughto promptthe Federal Reserve to raise interest rates

US inflationcausingthe Federal Reserve to raise interest rates

rising inflationwill causethe Federal Reserve to raise interest rates

an increase in inflationcould promptthe Federal Reserve to raise interest rates

an increase in inflationcould leadthe Federal Reserve to raise interest rates

the strong economywill leadthe Federal Reserve to raise interest rates

Funds EuropeDo ... causemovements in Federal Reserve interest rates

Inflationcan causethe federal reserve to raise interest rates

inflationcausesthe Federal Reserve to raise interest rates

inflationcould leadthe Federal Reserve to raise interest rates

inflationwould ... promptthe Federal Reserve to raise interest rates

to the financial crisis of 2008ledto the financial crisis of 2008

> investorsleads> investors

in expanding and retracting bubbles of inflationresultsin expanding and retracting bubbles of inflation

the booms and busts in our economycausesthe booms and busts in our economy

a stock market collapsewill causea stock market collapse

to a rise in longer term ratesmay leadto a rise in longer term rates

uncertaintycan causeuncertainty

the US dollar exchange rateinfluencethe US dollar exchange rate

to a slowdown in growthwill leadto a slowdown in growth

the price of goldmay influencethe price of gold

to higher inflationpossibly leadingto higher inflation

to a 19 basis point increase in yieldledto a 19 basis point increase in yield

to speculative investinghave further contributedto speculative investing

to perpetuate the housing bubbledesignedto perpetuate the housing bubble

in higher mortgage rateswould resultin higher mortgage rates

to more market turmoilcould leadto more market turmoil

to stimulate the economydesignedto stimulate the economy

the short - term interest rates(passive) influenced bythe short - term interest rates

investorshave causedinvestors

to the nervousness in the stock markethave contributedto the nervousness in the stock market

to higher borrowing costs in the bank loan marketleadsto higher borrowing costs in the bank loan market

the U.S. stock market to declinecausingthe U.S. stock market to decline

Federal Open Market CommitteesettingFederal Open Market Committee

inflationwill causeinflation

the cost of borrowing to finance purchases for a company to go upcausingthe cost of borrowing to finance purchases for a company to go up

to a series of speculative bubblesartificially low leadingto a series of speculative bubbles

the bubble to popwill causethe bubble to pop

a simultaneous recession in both industries and the stocks of companies in themwill causea simultaneous recession in both industries and the stocks of companies in them

investors to seek high yields in commoditiesare promptinginvestors to seek high yields in commodities

interest rates to zero to stimulate the economysetinterest rates to zero to stimulate the economy

to seek high yields in commoditiesare promptingto seek high yields in commodities

The boom / bust cycles(passive) are directly caused byThe boom / bust cycles

off price speculationmay have setoff price speculation

to a lot of bubbles burstingledto a lot of bubbles bursting

through its federal funds rateinfluencesthrough its federal funds rate

I think(passive) is caused byI think

that I think(passive) is caused bythat I think

inflationinfluenceinflation

recessionscausingrecessions

interest rates to zero to stimulate economic recoverysetinterest rates to zero to stimulate economic recovery

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Smart Reasoning:

C&E

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