2min chapter

The Compound and Friends cover image

Once Upon a Time in Boston

The Compound and Friends

CHAPTER

Is the Fed Returning to Neutral?

The forward curve, whether o used libel or fedfuns or sopher, is now at around has now, has a terminal value of about three and a that was two % a few months ago. Now it's its warp speed, shock and awe. And in all likelihood, you know, if if inflation does persist, which obviously it is so far, instead of the fed just returning to neutral, it has to go past neutral.

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