Eurodollar University cover image

Startling statement reveals far worse danger than just a recession.

Eurodollar University

00:00

The Fed's Predictions for a Mild Recession

The Fed is now predicting a mild recession for the second half of this year. If banking in financial conditions and their effects on macroeconomic conditions were to deteriorate more than assumed, "the risks around the baseline would be skewed to the downside," according to FOMC meeting minutes. The market curves moved into that territory way back last fall, really around November and into December where they said all that stuff in September and October.

Play episode from 04:36
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app