Expect Chair Powell's first Jackson Hole speech of his second term to reinforce the message in the one in his first term: risks to stable inflation expectations are an emergency at the Fed.
Great article. Do you think the quick recovery of TIP breakeven rates back below 3% encourage the Fed that their policies are working?
Great article. Do you think the quick recovery of TIP breakeven rates back below 3% encourage the Fed that their policies are working?