The Hawkish Halt: Why the Market Finally Believes "Higher for Longer"
The Breakdown
00:00
The Neutral Rate and Market Response to Higher Rates
Exploring the idea that the neutral rate could be higher in the post-pandemic economy, based on statements from Richmond Fed President Tom Barkin and Fed Chair Jerome Powell. Discussing the market's reaction to the Fed's announcement of rates being held above 5 percent for an extended period.
Play episode from 09:23
Transcript
