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Will the Fed Thread the Needle? with Itay Vinik
Bankless
The Fed's Pivot Narrative: Services Inflation Slows Down
The Fed Fund Futures is pricing in a full-on pivot. The yield curve as well got to negative 100 basis points, so that's the spread between the two-year treasury and the 10-year treasury. So there's literally no evidence whatsoever of services inflation slowing down.
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