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The Fed indicated it may be done with rate hikes, but that's only the place to start. Is the yield curve about to come un-inverted? If so, what would that mean? The answers all depend on which direction it goes. Unfortunately for most people, they have no idea what either one means. Central banks have everyone thinking things backward. So, let's decode some curve scenarios and make real sense of them.
Eurodollar University's Money & Macro Analysis
Transcript of Chair Powell’s Press Conference Opening Statement
November 1, 2023
https://www.federalreserve.gov/mediacenter/files/FOMCpresconf20231101.pdf
Twitter: https://twitter.com/JeffSnider_AIP
https://www.eurodollar.university
RealClearMarkets Essays: https://bit.ly/38tL5a7
