31min chapter

Macro Musings with David Beckworth cover image

Peter Williams on Interest Rates, Term Premium, and the Importance of Inflation Expectations

Macro Musings with David Beckworth

CHAPTER

Understanding Interest Rates: Complexity and Challenges

Delving into the intricacies of interest rates, the chapter explores the challenges in forming a unified theory, emphasizing the correlation between long-term market rates, treasury rates, and Fed policies. It discusses the impact of factors like inflation, labor market trends, and structural debates on determining underlying rates. The chapter also examines the complex interplay between fiscal policy, term premiums, and market momentum in shaping long-term yields.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode