The Macro Trading Floor cover image

The Debt Ceiling Drama is Approaching

The Macro Trading Floor

NOTE

The Fed and the Credit Crunch

The European Central Bank and Bank of England bringing inflation down in Europe would have been an issue without spillovers from the Fed./nPeople obsess about the rate of change of things, especially interest rates./nReal and nominal interest rates are not going up anymore, but that doesn't mean the worst is behind us.

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