Former Fed Trader: Rate Hikes Will Crash Markets | Joseph Wang
Forward Guidance
00:00
The Fed's Reverse Repo Facility
The Fed is laying the groundwork to shift away from federal funds rate, so far as as a reference rate. So central banking 101: If you have a recent rate, you better have a way to control it. Otherwise, you're going to be embarrassed sooner or later.
Transcript
Play full episode
