Forward Guidance cover image

An Update On The "March Banking Panic" | Weekly Round Up

Forward Guidance

00:00

The Fed's Expectations for the Terminal Rate

The US terminal rate at one point peaked at 5.8% after the banking crisis it dove down. But now we kind of see this terminal rate just sort of grind back up. The market is basically ever since the fed first started to high grades which was a surprise. They've been the market has consistently wanted the fed to ease sooner than the fed was ready to do it they've been consistently wrong about that.

Play episode from 42:32
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