What Card Can the Fed Play Next?
Real Vision: Finance & Investing
00:00
What Does That Mean to the Yield Curve?
Markets are pricing inflation to be around 3% next year, yet the Fed will be cutting rates. The market is essentially saying that the Fed has already raised its inflation target to 3%, whereas the formal target is 2%. So one challenge for the Fed is, will the Fed reiterate that it has a 2% target rather than 3%?
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Transcript
