Algorithms for Life (guest: Jim Leitner)
The Market Huddle
The Fed Wants to Slowly Move Real Rates Back to Neutral, OK?
The fed would like to gradually move real raids back to neutral, ok. But what happened in the last 14 days is actually quite astounding. We had rates go up about forty, what is that? Forty three basis points. So this paso, it was a three and a half standard deviation move. And when you say real, that means after inflation, after inflation, right? Ok.
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