They are using what few tools they have left to re-flate before the recession so yea, it wouldn't surprise me.
What recession?
Yeah, I also think there will be any recession anytime soon. Maybe in five to six years...
Alot of indicators like freight shipping and numerous other signals are starting to rollover, indicating that we're in for a cyclical recession. Furthermore, we've been in the longest bull market (well 2nd longest) ever seen. Experts say it should occur before June 2020 (if they had to put a date on it).
Well, yeah. The reason to raise rates is in part so that you can lower them to boost the market and avoid a recession. It is a tool, and whenever rates are low the tool is less effective.
Yes, that's worth a read. Lots of thinking about how to deal with people moving to cash and how to deal with that or prevent it. The section on "Using Communication Tools to Overcome Political Challenges" is interesting as well.
There have been a lot of papers on this topic over the past few years, many of which are listed in the references of this paper.
If those recessions are indeed caused by too much credit disappearing because of too few opportunities to spend it, like mainstream economics says, then I imagine adding more credit will make the problem worse (even though I've never seen a this second part formalized).