MacroVoices #331 Jeff Snider: The Eurodollar Curve Says Deflation Not Inflation
Macro Voices
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The Fed Secular Inflation Rate Hikes Are Coming
The labor market is a contributing source to what they believe is inflation pressures, and that rate hikes need to happen. But then we go to something like the uro dolla futures market, and it looks very, very different. It's been building this way since last year, and has become extreme over the last couple of days. Markets are really moving in the same direction as ouro dollar futures.
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