2min chapter

The Macro Trading Floor cover image

Frances Donald: The Yield Curve Signals A Huge Warning

The Macro Trading Floor

CHAPTER

Is the Fed Getting Credit for the Two % Inflation?

The fed changed its definition of full employment to broad based and inclusive. Central banks joining massive global groups to talk about how they can support our economies through climate change. Those are not headline developments right now, because we've been focused on a massive pandemic and a war. But my senses that once we get to 20 24 and 25, what we're going to see is a central bank that has to pivot its mandate. And central banks don't want to do this.

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