The Fed's Forward Guidance Is No More | with Nick Timiraos
Forward Guidance
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Will the Quantitative Tightening Caps Increase Over Time?
Most of the, you know, Wall Street research desks that watch the Fed seem to think there will be a ramp up. But short of that, I wouldn't begin to guess on exactly how many months they'll take to run it up. John McGowan: An inverted yield curve when it goes negative is a sign that a recession is on the way. Nick or Joseph, can you explain exactly what Jay Powell meant by that?
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