How likely is it that Trump actually does something to get rid of fed independence so his guys can push interest rates much lower?
hibikir_40k on
Those that doubt the importance of forward guidance in monetary policy, take note: The comments on expected future changes to rates, all on their own, sent the S&P500 careening down 2.94%, and 5 year treasury bonds went up 0.13% JPow can change our economic outlook with a few well places sentences.
Shalaiyn on
VIX up +74%
To be able to read JPow’s mind before these meetings…
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How likely is it that Trump actually does something to get rid of fed independence so his guys can push interest rates much lower?
Those that doubt the importance of forward guidance in monetary policy, take note: The comments on expected future changes to rates, all on their own, sent the S&P500 careening down 2.94%, and 5 year treasury bonds went up 0.13% JPow can change our economic outlook with a few well places sentences.
VIX up +74%
To be able to read JPow’s mind before these meetings…